Digital yuan transactions hit 83b

Transactions in China's digital fiat currency, the e-CNY, hit 83 billion yuan at the end of May according Zou Lan, an official from the People's Bank of China.

A total of 264 million digital yuan transactions were undertaken during the period, and nearly 4.57 million commercial outlets accept digital yuan payments, she added.

The central bank will further expand the scope of its pilot programs, strengthen pilot scenario construction and enhance international cooperation.