Slowly, the Chinese state has been building up the e-CNY or the digital yuan to where it has some real-world capacity now. During the Winter Olympics, the Chinese state aims to evangelize the digital yuan to a broader international audience, trying to get the government-controlled payment rail into the hands of international visitors for a soft pilot of what is a long-standing Party goal: to more broadly internationalize the Yuan. Visitors to the Winter Olympics will be allowed to access the digital yuan with their passports, even if they don’t have any domestic Chinese banking accounts. Yet concerns remain for...