Trump Administration Could Compel China To Embrace Crypto, According to Hashkey Group CEO: Report

A crypto-friendly Trump Administration could pressure China into easing up on its digital asset hostility, according to the executive at a prominent Web3 firm.

Hashkey Group chief executive Xiao Feng says in a new interview with the South China Morning Post that he “firmly” believes the mainland China crypto market will open up eventually, particularly if incoming US president Donald Trump and the Republican Congress support digital assets.

“If the US Congress and the president make crypto policies clear, constantly legislate and promote the industry, it would certainly be a driving force for China to accept [crypto].” 

HashKey Group is a Hong Kong-based Web3 infrastructure developer that reported a valuation of more…

Source link