China Leverages Crypto Control Over Trump Family Wealth

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Opinion by: Joshua Chu, co-chair of the Hong Kong Web3 Association

China’s control over cryptocurrency liquidity in Hong Kong gives it unprecedented power over the Trump family’s crypto wealth. This leverage lets Beijing influence the family’s financial fate — and potentially US-China relations — through market moves. As Eric Trump visits Hong Kong, this crypto-political nexus signals a new era of global power.

Cryptocurrency is no longer seen as just the new financial innovation around the block. Virtual assets have become powerful…



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China Leverages Crypto Control Over Trump Family Wealth



Opinion by: Joshua Chu, co-chair of the Hong Kong Web3 Association

China’s control over cryptocurrency liquidity in Hong Kong gives it unprecedented power over the Trump family’s crypto wealth. This leverage lets Beijing influence the family’s financial fate — and potentially US-China relations — through market moves. As Eric Trump visits Hong Kong, this crypto-political nexus signals a new era of global power.

Cryptocurrency is no longer seen as just the new financial innovation around the block. Virtual assets have become powerful…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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