币界网报道:Goldman Sachs' ambitious crypto strategy in China has encountered a significant setback following the resignation of a key executive overseeing digital asset initiatives in the region. The departing executive, who played a pivotal role in shaping the investment bank's blockchain and cryptocurrency ventures across Asia, leaves at a critical juncture as global financial institutions navigate tightening crypto regulations worldwide. Sources indicate the resignation stems from strategic disagreements over the bank's approach to China's evolving digital asset landscape, where authorities have maintained a restrictive stance despite growing institutional interest. Goldman had been actively exploring opportunities in China's blockchain sector, including potential partnerships with local tech firms and government-backed digital yuan projects. The exit raises questions about the bank's ability to execute its Asia-focused crypto plans, which included custody services, OTC trading, and derivatives products tailored for institutional clients. Industry analysts note this development reflects broader challenges Western financial giants face when adapting crypto strategies to China's unique regulatory environment, where policymakers continue emphasizing centralized control over decentralized finance innovations. The resignation comes as Goldman Sachs globally expands its digital assets team, recently hiring several senior crypto specialists in Europe and the US to bolster offerings in tokenization and blockchain-based financial infrastructure.