Trump’s pro-crypto stance may push China to reconsider its ban on digital assets by 2026.
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Following Donald Trump’s U.S. election victory, debates have intensified around China’s stance on cryptocurrencies. A Hong Kong-based crypto leader, Xiao Feng, suggested that Beijing might reconsider its ban on digital assets if the U.S. strengthens regulatory clarity under Trump’s administration.
Source: Wu Blockchain
HashKey Group Chairman and CEO Xiao Feng noted that Trump’s pro-crypto direction could indirectly nudge China toward policy revisions. A clear U.S. regulatory approach could influence China to reassess its restrictions on trading and mining.
China’s ban on cryptocurrency trading and mining, in place since 2021, might face changes if the U.S. takes the lead in creating favorable crypto policies. Feng projected a cautiously positive outlook, estimating that Beijing could ease its grip on digital assets within two years if U.S. policies create a ri…
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