Digital RMB application expanding in China China has expanded its pilot areas for digital RMB or e-CNY in 15 provinces so far this year, the People's Daily reported recently. As of May 31, these pilot areas had made a total of around 264 million digital yuan transactions with a value of about 83 billion yuan ($12.31 billion). Business entities that open e-CNY service have reached 4.57 million in the country. Now, e-CNY has been available for people in many scenarios both online and offline such as purchasing electricity, shopping and services including medical care and taxpaying. Digital RMB has the...