Bank of Ningbo Co., Ltd. Class A 002142

China will allow a dozen additional banks to handle its digital yuan, three people with knowledge of the plans said, as Beijing pushes to accelerate use of the digital currency under a ‌strategy that contrasts sharply with the U.S. approach. The 12 new banks picked to promote the digital yuan by ‌China's central bank will add to 10 currently authorised and include Shanghai Pudong Development Bank, China Everbright Bank and Bank of Ningbo, according to the people. The People's Bank of China (PBOC) declined to comment.