Former Chinese Finance Minister Lu Juwei called for a close look at cryptocurrencies at the Tsinghua Wudaokou 2024 forum.

🔹 Lu noted the risks to financial stability, such as volatility and money laundering.

🔹 He highlighted the change in the US position, where the SEC approved a Bitcoin ETF.

🔹 China controls more than 55% of BTC mining, but the US share is growing.

Cryptocurrency politics and the market require close attention!