The app is still in a development period and can be accessed only by certain users through institutions that offer digital yuan services, including major Chinese banks, Reuters reports. The app is called e-CNY, the nickname for the digital yuan. It’s available for download in Chinese Android (GOOGL) – Get Alphabet Inc. Class A Report and Apple (AAPL) – Get Apple Inc. Report app stores. In the app, users can create a wallet for digital yuan and spend them. Highlights China has been working on a digital yuan for eight years. The government has conducted some local lotteries in which…