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


US President-elect Donald Trump’s pledge to support the cryptocurrency sector could provide a fresh impetus for mainland China to revitalise its digital-asset market, according to an industry veteran, as tech competition between the two countries continue to escalate.

“If the US Congress and the [incoming] president make crypto policies clear, constantly legislate and promote the industry, it would certainly be a driving force for China to accept [cryptocurrencies],” HashKey Group chairman and chief executive Xiao Feng said in an interview with the South China Morning Post last week.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Aseanplus News

Sabah's top diva Stacy Anam celebrates her state-ADK title with self-composed new single 'Menyala' at a glitzy launch in KL
China selfie app Meitu sells crypto holdings in big payday before bitcoin hit US$100,000
Yoon clings to power amid probe
Japan grants Manila funds to boost navy capabilities amid threats
E-biking their way out of the smog
Relic of Buddha gets warm welcome
12 soldiers killed in accidental explosion
Bigger push to go green
Motor racing-Accusations fly as Russell and Verstappen row rocks F1
Olympics-National boxing bodies must decide if their athletes will be at LA2028 Games

Others Also Read