Odaily Planet Daily News 2024 Tsinghua PBC Chief Economist Forum was held in Beijing on September 28. Zhu Guangyao, former vice minister of the Ministry of Finance, attended and delivered a speech. Zhu Guangyao called for attention to the study of the development of cryptocurrency, "It does have negative effects. We must fully recognize its risks and harm to the capital market, but we must study the latest changes and policy adjustments in the international community, because it is a crucial aspect for the development of the digital economy." Zhu Guangyao reviewed the development of cryptocurrency. Over the past decade, the United States has always believed that cryptocurrency has great destructive power on international anti-money laundering and international anti-terrorist financing. In addition, the sharp fluctuations in the value of cryptocurrency have a huge impact on the international financial market. But this year, the US policy has undergone a major evolution. Zhu Guangyao introduced that Trump's campaign platform explicitly included cryptocurrency, and he also publicly stated that "we must embrace cryptocurrency, otherwise China will replace us." The US SEC has also approved the listing of 11 Bitcoin ETFs in the stock market and futures market. Among emerging market countries and BRICS countries, Russia, South Africa, Brazil, and India have also taken action. (Economy)