Liu Jun, Governor of the Industrial and Commercial Bank of China, said at the 2026 digital yuan annual meeting on October 21 that the future international monetary system will not only be a combination of sovereign currencies, but also a new pattern of coexistence and intertwining with fiat digital currencies. The internationalization of the RMB will surely inject a digital dimension. Corresponding to this, the internationalization of the renminbi, which integrates a digital dimension, requires multi-objective iterative promotion, the introduction of diverse market participants, and the establishment of a global regulatory coordination mechanism and regulatory technology that keeps pace with the times.

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