Zhang Ming, Deputy Director of the Institute of World Economics and Politics at the Chinese Academy of Social Sciences, has called for China to reassess its approach to cryptocurrency regulation. In an article published by Caixin, Zhang emphasized the need for China to enhance its internal systems and play a more active role in global digital currency governance. He advocates for the acceleration of the digital yuan's development, precise cryptocurrency regulation, and the establishment of unified international standards, including anti-money laundering rules. Zhang also suggests that China should promote the integration of stablecoins with traditional finance and strengthen international cooperation in central bank digital currency (CBDC) research and regulation. As the world's second-largest economy, China is positioned to influence global digital finance, and Zhang's recommendations aim to balance innovation with regulatory oversight.