Tron (TRX) founder Justin Sun, known for his supportive and moderate approach in the cryptocurrency market, called out China after US Presidential candidate Donald Trump's statements at the Bitcoin 2024 Conference in Nashville on Saturday.
He called out China for banning Bitcoin after Trump's promises that he would create a strategic Bitcoin reserve for the US and prevent it from selling its existing assets.
Stating that China should also take a step regarding Bitcoin, Sun pointed out that US policy has become more moderate for BTC as a result of Trump's pressure.
Arguing that China should make more progress in the field of Bitcoin and crypto, Justin Sun claimed that the competition between China and the USA will benefit Bitcoin and the entire crypto sector.
“China needs to step in too. US🇸 politics has warmed up since President Trump cracked down on Bitcoin.
China needs to make more progress in this area. “The competition between China and the US in Bitcoin policy will benefit the entire industry.”
As you may remember, the founder of Tron recently stated that he believed that China would lift its bans on Bitcoin and crypto in the near future.
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. 👏
— H.E. Justin Sun 孙宇晨 (@justinsuntron) July 28, 2024
*This is not investment advice.
