Bitcoin

Coin

<ul class="wp-block-list news-points">
 <li>Trump’s pro-crypto stance may push China to reconsider its ban on digital assets by 2026.</li>
 <li>Economic stimulus in China raises speculation of potential easing on digital asset restrictions.</li>
 <li>Trump’s policies could accelerate U.S. crypto adoption, though challenges to a Bitcoin reserve remain.</li>
</ul>
Following Donald Trump’s U.S. election victory, debates have intensified around China’s stance on cryptocurrencies. A Hong Kong-based crypto leader, Xiao Feng, suggested that Beijing might reconsider its ban on digital assets if the U.S. strengthens regulatory clarity under Trump’s administration.
<div class="wp-block-image">
 <figure class="aligncenter size-full"><img decoding="async" width="530" height="207" src="https://coinedition.com/wp-content/uploads/2024/11/Screenshot_61.png" alt="" class="wp-image-545450" srcset="https://coinedition.com/wp-content/uploads/2024/11/Screenshot_61.png 530w, https://coinedition.com/wp-content/uploads/2024/11/Screenshot_61-300x117.png 300w, https://coinedition.com/wp-content/uploads/2024/11/Screenshot_61-380x148.png 380w, https://coinedition.com/wp-content/uploads/2024/11/Screenshot_61-159x62.png 159w, https://coinedition.com/wp-content/uploads/2024/11/Screenshot_61-440x172.png 440w, https://coinedition.com/wp-content/uploads/2024/11/Screenshot_61-414x162.png 414w, https://coinedition.com/wp-content/uploads/2024/11/Screenshot_61-326x127.png 326w, https://coinedition.com/wp-content/uploads/2024/11/Screenshot_61-377x147.png 377w, https://coinedition.com/wp-content/uploads/2024/11/Screenshot_61-123x48.png 123w, https://coinedition.com/wp-content/uploads/2024/11/Screenshot_61-129x50.png 129w" sizes="(max-width: 530px) 100vw, 530px">
 <figcaption class="wp-element-caption">Source: <a href="https://x.com/WuBlockchain/status/1856934099967250465" target="_blank" rel="noopener noreferrer nofollow">Wu Blockchain</a>
 </figcaption>
 </figure>
</div>
HashKey Group Chairman and CEO Xiao Feng noted that Trump’s pro-crypto direction could indirectly nudge China toward policy revisions. A clear U.S. regulatory approach could influence China to reassess its restrictions on trading and mining.
China’s ban on cryptocurrency trading and mining, in place since 2021, might face changes if the U.S. takes the lead in creating favorable crypto policies. Feng projected a cautiously positive outlook, estimating that Beijing could ease its grip on digital assets within two years if U.S. policies create a ri…
The post <a href="https://coinedition.com/how-trumps-crypto-moves-could-reshape-global-policies/" rel="noopener noreferrer nofollow">How Trump’s Crypto Moves Could Reshape Global Policies</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

How Trump’s Crypto Moves Could Reshape Global Policies

Coin Edition

Other articles published on Nov 14, 2024

VALR Surpasses 1 Million Users Amid Global Expansion (14 Nov)

Binance Unveils Six New Trading Pairs – Available November 15

Argentina Moves to Ban Polymarket and Restrict Online Gambling in New Anti-Addiction Law

Popcat Price Prediction: POPCAT Soars 34% And This Might Be The Next Crypto To Explode

Delhi Police Arrests Key Suspect in Massive WazirX Cryptocurrency Heist

Peanut the Squirrel Price Prediction – Is $PNUT the Next Dogecoin?

Join our free newsletter for daily crypto updates!