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Flash

Multiple banks have launched wallet transaction printing in the Digital Renminbi App

According to the Digital Renminbi Operation Management Center, in order to meet the demand for transaction vouchers in scenarios such as visa applications and loan requests, operational institutions such as China Merchants Bank, Postal Savings Bank, and Agricultural Bank have launched a wallet transaction printing service within the Digital Renminbi App. Users can apply online for transaction vouchers in PDF format, or download transaction details in Excel format for reconciliation verification. More operational institutions will launch this service in the App in the future.Users can enter the transaction record page of the wallet to access transaction printing, select the time range and filter transaction types before submitting the application. The results can be viewed in the application records. After a successful application, users can preview online, save to local, share to WeChat, or fill in an email to receive the file. The maximum selectable time span for transaction printing is 2 years, and the end date can be chosen up to 2 days prior to the current date. Successfully applied documents are retained for 7 calendar days.In addition to the Digital Renminbi App, users can also apply for transaction printing through branch counters, mobile banking, self-service devices, and other channels. Anonymous wallets must first complete real-name authentication upgrades before this service can be used. For inquiries, please call the Digital Renminbi customer service hotline at 956196, or directly contact the relevant operational institutions.

first_img Multiple universities will distribute salaries through digital renminbi

According to a report by the Southern Daily cited by the Financial Associated Press, several universities recently issued notices stating that the salaries of on-duty and officially employed personnel will be distributed through digital RMB wallets. The Finance Office of Yangzhou University announced on October 20 that, according to a pre-notice from the Provincial Department of Finance, starting from November 2026, the salaries of on-duty and officially employed personnel (including personnel on agency contracts) will be distributed through digital RMB wallets. Relevant personnel must complete the opening and upgrading of their digital wallets based on their current salary card situation by October 23.The Finance Office of Nantong University issued a notice stating that, according to the Provincial Department of Finance, starting from November 2026, the salaries of all officially employed personnel and personnel on agency contracts will be distributed through digital wallets. Relevant personnel must complete the opening and upgrading of their digital wallets by October 30. Salaries and performance will be distributed on two separate cards, both of which need to be opened. The Finance Office of Jiangsu Normal University also issued a notice stating that to implement the national deployment of the digital RMB pilot program and according to the unified deployment of higher authorities, the university will steadily promote the distribution of salaries in digital RMB for on-duty personnel.

The 2026 Financial Street Forum Annual Conference will open on October 19, with plans to release the digital renminbi system

According to Beijing Daily, the 2026 Financial Street Forum Annual Conference will be held from October 19 to 22 on Financial Street in Beijing, with over 400 guests from more than 40 countries and regions attending. This is the fifteenth session, approved by the State Council, with the theme "Openness · Cooperation · Inclusiveness ------ Building a New Ecosystem for Global Financial Development Together."The annual conference plans to hold a main forum and parallel forums with a total of 21 topic activities and 3 special conferences. Among them, the Insurance Conference will be hosted for the first time by the National Financial Regulatory Administration, and the Investment Conference will make its debut, forming a matrix of special conferences with the Financial Technology Conference. More than a hundred achievements, including credit risk control strategy sandbox agents and quantum fusion algorithm intelligent evolution platforms, will be launched for the first time. The annual conference will expand its African sub-venue for the first time, initiate a three-city connection between Beijing, Hong Kong, and London, and hold 7 events in 5 overseas sub-venues in Hong Kong, London, Paris, Toronto, and Nairobi.The Financial Technology Conference in 2026 will further innovate its format and expand its scale, setting up 13 topic activities around cutting-edge issues such as artificial intelligence, blockchain, and smart finance. The People's Bank of China will host the Chengfang Financial Technology Forum within the framework of the conference and hold a seminar on artificial intelligence financial applications and risk prevention and control, continuing to organize a series of activities such as the Financial Technology Application Scenario Competition, and plans to release relevant achievements such as the central bank's digital renminbi system and digital renminbi smart contract ecological service framework.

The People's Bank of China reiterated the regulatory requirements for virtual currencies, prohibiting related businesses and pegged stablecoins to the renminbi

The People's Bank of China today reiterated in its financial education campaign that virtual currencies such as Bitcoin, Ethereum, and Tether do not have legal tender status and cannot be used for currency circulation; conducting virtual currency-related businesses within the country is considered illegal financial activity and is strictly prohibited.The People's Bank of China stated that without the consent of relevant authorities, domestic entities and their controlled overseas entities are not allowed to issue virtual currencies abroad, and no units or individuals, whether domestic or foreign, are permitted to issue stablecoins pegged to the Renminbi abroad. The People's Bank reminds the public not to participate in virtual currency issuance, trading, investment, or mining activities, to be wary of high-yield investment scams, and to avoid renting out bank cards, payment accounts, or participating in virtual currencies.In addition, the People's Bank advises caution against virtual currency investment products and trading platforms that claim "guaranteed profits" or "high interest"; not to participate in virtual currency issuance, trading, investment, or "mining" activities; not to join communities promoting virtual currency activities, not to click on links containing overseas virtual currency trading platforms, or download related apps; not to lend or rent out bank cards or payment accounts, not to buy or sell virtual currencies "on behalf of others" as instructed, and not to act as "drivers," "currency dealers," or "U merchants"; and to report any clues related to virtual currency business activities to the relevant regulatory authorities in a timely manner.
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