ChainCatcher news, the 2024 Tsinghua Wudaokou Chief Economist Forum was held on September 28 in Beijing. Former Vice Minister of Finance Zhu Guangyao attended and gave a speech. Zhu Guangyao called for attention to the research on the development of cryptocurrencies, stating, "It indeed has negative impacts, and we must fully recognize its risks and harms to the capital market, but we must study the latest changes and policy adjustments internationally, as it is a crucial aspect of the development of the digital economy."Zhu Guangyao reviewed the development of cryptocurrencies, noting that for more than a decade, the United States has believed that cryptocurrencies have a huge destructive power against international anti-money laundering and international counter-terrorism financing. In addition, the drastic fluctuations in the value of cryptocurrencies have a significant impact on international financial markets, but this year, there has been a major evolution in U.S. policy.Zhu Guangyao introduced that the Trump campaign platform explicitly included cryptocurrencies, and he also stated publicly, "We must embrace cryptocurrencies, or China will replace us." The U.S. Securities and Exchange Commission has also approved the listing of 11 Bitcoin ETFs on the stock and futures markets. Meanwhile, in emerging market countries and BRICS nations, Russia, South Africa, Brazil, and India have also taken actions.