**Crypto News Flash: Former Chinese Finance Minister Calls for Re-evaluation of Crypto Industry! 🚀**
- At the Tsinghua PBC 2024 Economists Forum, Zhu Guangyao, former Chinese Vice Finance Minister, called on China to re-evaluate its approach to the crypto industry.
- Zhu highlighted the changing international attitudes, especially in the US, where Donald Trump endorsed crypto during his presidential campaign.
- While acknowledging the risks of crypto, Zhu stressed the importance of studying global trends and recent policy adjustments.
- The US has approved 11 Bitcoin ETFs and Ethereum products, indicating a significant policy shift.
- BRICS countries are also starting to integrate crypto into their financial systems.
- Hong Kong, with its “one country, two systems” principle, is increasingly accepting crypto, in contrast to mainland China’s strict stance.
What do you think? Let’s discuss in the comments section!