The People's Bank of China (PBOC) emphasized that e-CNY is a state-issued legal currency distributed exclusively through authorized commercial banks, government portals and licensed platforms, not as a speculative product or investment vehicle

Quotes that support claims

The Institute reiterated that e-CNY is a state-issued legal currency, not a speculative product, and is distributed solely through authorized commercial banks, government portals, and licensed platforms

The central bank reiterated that digital yuan distribution occurs only through approved banks and platforms