From Bans to Bitcoin ETFs: China’s Ex-Minister Wants Crypto in the Economy!

China ex-finance Minister is appealing that the government gives a more closer look into insertion of cryptocurrencies into their economy after seeing the success, products such as Bitcoin ETFs are having in the US market.

The former finance Minister advocate that the country need to be in touch with the latest innovations in the crypto field and see how they can use some experience on it to implement on their economy. There is no doubt that the ETF products are an absolute success but how can they be used in China.

China is slowly getting open to crypto exposure after years of "ban" on the industry and given their struggle in economy, could be beneficial to start using some of the experience in the US market approach to build their own products and offer to customers! Why not? If they have the means what not take advantage on them?

If China come with a great approach on crypto products and implement os their local economy, we can see the second most powerful economy in the planet adopting decentralized assets but, still a long way to go as Chinese aren't that open to crypto exposure yet. But who knows what the future reserves! Remember:

CONTENT IS KING!