China's Digital Yuan Wallets to Accrue Interest Starting January 1

China's digital yuan will accrue interest starting January 1, with real-name Category I, II, and III wallets qualifying while Category IV non-real-name wallets do not, Caixin reports. The e-CNY's smart contracts run on a joint account system rather than blockchain technology. After January 1, banking apps and platforms including WeChat and Alipay will gradually gain wallet-opening permission.