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Will China Lift Its Crypto Ban Amid Donald Trump's Policy Shift?

source-logo  coingape.com 14 November 2024 11:00, UTC

Hong Kong-based crypto exchange HashKey’s head executive sparked significant market discussions surrounding China’s crypto ban upliftment following Donald Trump’s recent win in the U.S. elections. Xiao Feng, the exchange’s chairman and CEO, expressed beliefs that the Republican’s win is likely to revitalize China’s digital asset sector shortly ahead. Notably, the former president’s reelection already generated a tidal wave of growth for the broader sector. This phenomenon has in turn garnered attention toward the Asian market in light of Feng’s comments.

coingape.com