John Winchcombe
                    
                    
                    
                      
                        
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              Thursday, October 30, 2025
            
          
          
  
          
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            CBDC
          
         
       
      
        CBDC News
        
        
        
        
        
        
        
        
        
          
          
          
            
          
          
          
          
          
          
          
          
          
          
        
        
          
            The leader of China’s Digital Currency Research Institute has obliquely hinted that the eCNY may evolve to involve fractional banking, becoming a tokenised deposit solution anchored by a wholesale CBDC.
          
        
          
            
              
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