Eric Trump: China is "an absolutely terrifying force" in the cryptocurrency space

BlockBeats News, August 29, Eric Trump, the son of former U.S. President, at the BITCOIN ASIA 2025 conference, stated: China is "a hell of a power" in the cryptocurrency field, despite having effectively banned digital token transactions since 2021.

On Friday, at the Bitcoin Asia conference in Hong Kong, Eric Trump, during a Q&A session with crypto investor David Bailey, said: "There is no question that China is an absolute power in this space." He was responding to Bailey's comparison of China and the United States as the "two superpowers of Bitcoin." (Bloomberg)