The Industrial and Commerce Bank of China (ICBC) has enabled a feature allowing users to convert their digital yuan to cash at over 3,000 automated teller machine (ATM) locations in Beijing, Xinhua news agency reported.

ICBC thus has become the first bank in the country to launch such a feature. It made it possible for customers to switch with ease between digital and non-digital versions of government-issued currency, called renminbi in China. (RT)