The digital fiat currency, or e-CNY, will be accessible in Tianjin and Chongqing municipalities, Guangzhou in south China's Guangdong province, Fuzhou and Xiamen in east China's Fujian province, and six cities in east China's Zhejiang province hosting the 2022 Asian Games, the People's Bank of China (PBOC) said in a statement. With a value equivalent to that of physical Renminbi and featuring value characteristics as a legal tender, e-CNY is operated by designated operating agencies. The e-CNY App (trial) can now be downloaded.
