🚀 Former Chinese finance minister Lou Jiwei has called for China to scrutinize crypto advancements at the 2024 Tsinghua Wudaokou Chief Economists Forum. He highlighted the risks of volatility and money laundering, while noting the US SEC's recent approval of Bitcoin ETFs. 📈

Lou emphasized the need for China to study these international shifts to safeguard financial stability. Despite China's 2021 ban, it still controls 55% of BTC mining, though US firms are catching up with 40%.

What do you think? Is China ready for a crypto comeback? Drop your thoughts below! 💬