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Trump's Warning: China Poses Significant Crypto Threat Despite Ban

Published on November 04, 2025

Categories: Regulation Geopolitics Policy

President Donald Trump asserts that China is making substantial inroads into the cryptocurrency space, presenting a competitive challenge to the United States. This claim comes despite China's comprehensive ban on crypto trading and mining enacted in 2021, creating a perceived paradox in the global digital asset landscape.

President Donald Trump told 60 Minutes on November 2 that China poses a competitive threat in crypto, warning that “China is getting into it very big right now.” The claim surfaces a paradox. Beijing banned crypto trading and mining in 2021, yet Trump frames the country as America’s principal rival in digital assets. The disconnect […]

The post Why Trump believes ‘China is big into crypto’ despite ban appeared first on CryptoSlate.

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