HashKey Group CEO hopes that China will lift the crypto ban driven by Trump’s pro-crypto stance.
The CEO bases his statement on the increasing competition between the US and China.
Xiao Feng believes that stablecoins have the potential to revive the Chinese crypto market.
HashKey Group CEO Xiao Feng believes that Donald Trump’s pro-crypto stance could prompt China to reconsider its cryptocurrency ban. Feng suggests that the Chinese crypto market may regain momentum, especially if the United States adopts supportive policies for digital assets. He bases his view on the growing competition between the United States and China.
The U.S. crypto community is optimistic about the market’s growth under Trump’s leadership. The incoming president has promised to revitalize the U.S. crypto market, pushing America to lead the global crypto industry. The potential firing of SEC Chair Gary Gensler and the resulting regulatory overhaul could bring a significant shift in the U.S. crypto landscape.
Against this backdrop, the HashKey Group CEO foresees a possible advancement in China’s crypto market. In an interview with the South China Morning Post, he said, “I…
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