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Former Chinese finance official urges crypto research as US softens stance
Cryptocurrencies are “crucial” for the digital economy and China should catch up as the US embraces the industry, according to a former senior Ministry of Finance official, as more experts openly urge the central government to re-evaluate its ban on the virtual assets. Crypto policy in the US has “changed significantly” this year, and China should study its impact and other global policy developments for the sector, Zhu Guangyao, China’s former finance vice-minister, said on Saturday during a panel discussion at an economic forum in Beijing. 00:29 The video player is currently playing an ad. You can skip ... (full story)