Donald Trump Says China ‘Is Getting Big Into Crypto Right Now’—But Is That True?

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President Donald Trump said he wants to ensure the United States remains the world leader in crypto, warning that China is trying to seize control of the industry.

In an interview on CBS on Sunday, Trump said crypto has become a “massive industry” and a key part of his economic agenda.

He said his campaign supported digital assets “very openly” while former President Joe Biden had initially opposed them.

“When Biden found out I was getting nearly all the crypto vote, he switched totally,” Trump said.

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