China Could Reassess Crypto Ban Due To Trump, HashKey CEO Claims

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Bitcoinist 10h ago

China Could Reassess Crypto Ban Due To Trump, HashKey CEO Claims - Bitcoinist

Quick Summary:

HashKey Group Chairman and CEO Xiao Feng has indicated that China’s stringent stance on cryptocurrencies could soften within the next two years, influenced by the pro-crypto policies expected under US President-elect Donald Trump.

Xiao believes that clear regulatory support in the United States could serve as a catalyst for China to reconsider its current ban.

Xiao also pointed to geopolitical factors that might accelerate China’s acceptance of digital assets.