2024

President Trump

Bitcoin

<ul class="news-points">
 <li>Donald Trump’s Bitcoin speech creates bullish sentiment in the U.S.</li>
 <li>Justin Sun calls on China to embrace cryptocurrency to rival the U.S. in market dominance.</li>
 <li>A potential global political shift towards pro-crypto policies is expected over the next few years.</li>
</ul>
Justin Sun, the founder of Tron (TRX), recently took to X, urging China to take progressive steps toward cryptocurrency policies following former President Donald Trump’s Bitcoin support.
On July 27, U.S. presidential candidate Trump delivered a speech at Bitcoin 2024 in Nashville, Tennessee, emphasizing that <a href="https://coinedition.com/donald-trump-hails-bitcoin-the-worlds-superpower/" rel="noopener noreferrer nofollow">the U.S. must not allow China to dominate the crypto sector</a>. This sparked bullish sentiment among Americans but puzzled many other countries, notably China. Among those reacting to this development was Justin Sun, who highlighted the potential benefits of a competitive stance between China and the U.S. in the crypto space. Sun <a href="https://x.com/justinsuntron/status/1817445987620987128" target="_blank" rel="noopener noreferrer nofollow">posted:</a>
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
 “China also needs to step up. Since President Trump pushed for Bitcoin, U.S. policies have warmed. China should make further progress in this area. Competition between China and the U.S. in Bitcoin policy will benefit the entire industry,”
</blockquote>
Despite Sun�…
The post <a href="https://coinedition.com/trumps-pro-bitcoin-speech-spurs-global-reaction-china-urged-to-act/" rel="noopener noreferrer nofollow">Trump’s Pro-Bitcoin Speech Spurs Global Reaction; China Urged to Act</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Trump’s Pro-Bitcoin Speech Spurs Global Reaction; China Urged to Act

Coin Edition

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