Justin Sun pushes China to reconsider crypto stance amid U.S. elections

Quick Summary:

The potential competition between the U.S.and China in cryptocurrency policy could shape global Bitcoin dynamics.

With the rising prominence of cryptocurrency in the U.S.due to the upcoming presidential election, Tron blockchain founder Justin Sun has called for China to take decisive action.

Interestingly, China and the U.S., both major players in the global financial system, are substantial holders of Bitcoin, collectively possessing around 400,000 BTC, according to Bitcoin Treasuries data.

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Article Details

Author / Journalist: Ishika Kumari

Category: Crypto

Markets: United StatesChina

Topics: Trading View News Bitcoin Social News 1

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-29 @ 11:00:12 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 522 words

Reading Time: 3 minutes read

Sentences: 27 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 21822741

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 13 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #103

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