As Trump returns to the White House, attitudes towards cryptocurrencies in the U.S., Russia, and China are gradually coming to light.
In the U.S., Trump has altered his previously negative view on Bitcoin, nominating Atkins, who is inclined to ease cryptocurrency regulation, as the chairman of the Securities and Exchange Commission (SEC). He even suggested incorporating Bitcoin into the national strategic reserve. The federal government does not intend to hold Bitcoin directly, a strategy likely to spark interest among investors. Additionally, the U.S. is set to launch a Bitcoin exchange-traded fund (ETF), expected to attract nearly $10 billion in investments in the short term.
In Russia, Putin has clearly expressed support for cryptocurrencies and has enacted relevant legislation to make them legal property, thereby providing a clearer legal framework for this emerging market.
For China, although there is widespread domestic discussion about cryptocurrencies, the state still maintains strict regulatory policies, imposing stringent restrictions on the circulation and trading of cryptocurrencies, without easing control over the market.
However, for those investing in China, everything still seems filled with uncertainty. Whenever Bitcoin's price rises, there are always claims of hefty profits, and when the price drops, many lament that they completely misread the situation. At the same time, my parents' generation is not interested in these matters; they consider it merely a bubble. Investors who have experienced stock market fluctuations often choose to withdraw when it comes to investing, stating frankly that they cannot afford to play. Those who once held positions in banks now desperately hope to seize opportunities to make more money.
Ultimately, making any investment in China is not so easily accepted by the public. Everyone has their own insights and stories, and this phenomenon is thought-provoking. Investing is not as simple as it seems.
