Trump’s crypto support may see China restore digital-asset market, HashKey head says

Quick Summary:

HashKey chairman and CEO Xiao Feng said a number of factors may compel mainland China to open its digital-asset market in about two years.

Xiao’s comments reflect the renewed enthusiasm in the cryptocurrency sector after the election win of Trump, who vowed during his campaign to put the US at the centre of the digital-asset industry, including creating a “strategic national bitcoin stockpile” and remove regulators considered as anti-crypto.

HashKey Group chairman and chief executive Xiao Feng.

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Article Details

Author / Journalist: Xinmei Shen

Category: Technology

Markets: Hong KongChinaUkraine

Topics: Years Industry According Xiao Digital-asset Crypto Accept Cryptocurrency China Sector Support

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 09:00:15 (2 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 275 words

Reading Time: 2 minutes read

Sentences: 5 lines

Sentence Length: 55 words per sentence (average)

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

Copyright Owner: © SCMP

News ID: 23539625

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