China's Bank of Ningbo said it is inviting suppliers to help build a system to handle the digital yuan, in a sign that the country's central bank may soon hand out more licenses as it ​tries to broaden the use of its e-CNY. The People's Bank of China (PBOC) may allow another 12 Chinese banks to conduct e-CNY businesses, local media outlet Caixin reported late on Thursday. Currently, China has licensed 10 ⁠banks for digital yuan business, including top state banks such as Bank of China and China ⁠Construction Bank. Beijing is stepping up its e-CNY initiative to cement its lead over other central banks in digital ... (full story)