Ex-Chinese Deputy Finance Minister urges country to pivot anti-Bitcoin stance
Technology tamfitronics Ex-Chinese Deputy Finance Minister urges country to pivot anti-Bitcoin stance Assad Jafri · 3 hours ago · 2 min read China's former deputy Finance Minister Zhu Guangyao called on the government to re-evaluate its approach to Bitcoin to stay competitive with the US. 2 min readUpdated: Oct. 1, 2024 at 11:54 pm UTC Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.Zhu Guangyao, former deputy Finance Minister of China, called on the government to re-evaluate its approach to Bitcoin and crypto, stressing the need for deeper research into the technology, according to local media reports.Speaking at the 2024 Tsinghua Wudaokou Chief Economist Forum on Sept. 28, Zhu warned of the risks posed by digital assets...