As athletes from around the world converge on Beijing to compete in the Winter Olympics, China used the occasion to debut the digital Yuan. The arrival of the e-CNY is the latest chapter in China's rocky history with cryptocurrency. In June 2021, Chinese officials renewed a crackdown on the cryptocurrency industry, with authorities in China's Sichuan province, once one of the country's biggest mining centers, ordering crypto miners to shut down operations. In early January, China's central bank issued pilot versions of its wallet application for the digital yuan as the country steps up efforts to develop its official digital...