China’s ex finance minister says crypto is ‘crucial’ to economy

China’s ex finance minister says crypto is ‘crucial’ to economy

Zhu Guangyao, previously China’s minister of finance, has said the country needs to be paying more attention to cryptocurrency. He gave a speech during an economic forum at Tsinghua University over the weekend (Sept. 28). “It does have negative effects, and we must fully recognize its risks and harm to the capital market,” he said…