Eric Trump Sparks Debate: Why is China Still Important in the Crypto Sector?
Despite China’s widespread ban on selling digital tokens since 2021, Eric Trump referred to the country as a hell of a power in the cryptocurrency space. He said this in a Q&A session with cryptocurrency investor David Bailey at Friday’s Bitcoin Asia conference in Hong Kong.
There’s no question that China is a hell of a power when it comes to this world,
Trump
China’s Crypto Ban vs. Trump’s Embrace: A New Summit on the Horizon?
Four years ago, after years of crackdown on the cryptocurrency market, China placed a complete ban on trade. However, there are still indications that people on the mainland have managed to get around the limitations. On the other hand, under Trump, the US has welcomed the sector, and companies in his family have started a number of cryptocurrency projects. In this regard, Donald Trump is attempting to negotiate a summit with his Chinese counterpart, Xi Jinping. Since Trump announced massive worldwide tariffs in April, the two nations have worked to defuse trade tensions.
Eric Trump Predicts $1 Million Bitcoin
Eric Trump quipped that he really wanted Trump and Xi to talk about Bitcoin when asked if they would talk about digital assets during the summit. He also said that he presently spends 90% of his time in this forum and forecasted that Bitcoin will hit $1 million within the next several years.
Buy right now, close your eyes, hold it long term, do not get rid of it,
Trump
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