Summary:
- Statement: Tron founder Justin Sun calls on China to rethink its approach to cryptocurrency following Trump’s recent pro-Bitcoin remarks.
- Trump’s Remarks: On July 27, at the Bitcoin 2024 conference in Nashville, Tennessee, Trump emphasized that the US must not allow China to dominate the crypto sector.
- Sun’s Perspective: Sun believes competition between China and the US in Bitcoin policy will benefit the entire industry.
- Quote: “China should make further progress in this area,” Sun tweeted on July 28.
In light of recent comments from former President Donald Trump, Tron founder Justin Sun has urged China to reassess its stance on cryptocurrency. Sun’s call for a policy shift comes after Trump suggested a potential change in US crypto policy should he be re-elected.
Speaking at the Bitcoin 2024 conference in Nashville, Tennessee, on July 27, Trump stressed the importance of the United States embracing cryptocurrency and Bitcoin technology. “If we don’t embrace crypto and Bitcoin technology, China will. Other countries will. They’ll dominate, and we cannot let China dominate. They are making too much progress as it is,” Trump stated.
Justin Sun responded to Trump’s remarks with a tweet on July 28, advocating for a more open approach from China. “China also needs to step up. Since President Trump pushed for Bitcoin, US policies have warmed. China should make further progress in this area,” Sun tweeted. He added that healthy competition between China and the US in Bitcoin policy could benefit the entire cryptocurrency industry.
Sun’s comments reflect a less confrontational stance, suggesting that competition could drive progress and innovation in the crypto sector.
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