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.
“China perhaps needed five or six years from the present to accept [cryptocurrency businesses] without these events occurring,” he said. “But…
