“Trump’s plan to make the US a cryptocurrency hub would be a significant wake-up call to China by shifting (crypto innovation) leadership further to the US, fostering economic integration of cryptocurrencies and promoting decentralized financial systems outside China’s control,” said Han Shen Lin, TAG China Country Director. Other countries – not only China – must develop “more open regulatory frameworks to attract capital flows” if they hope to keep pace with US ambitions under Trump, Han said. “As a global crypto hub, the US would further consolidate economic dominance by reinforcing USD supremacy, attracting capital flows and leading the next wave of innovation,” he added.
Media Mentions
TAG China Country Director Han Lin Comments on the SCMP How Trump’s Aspiration to Make the U.S. “Crypto Capital of the World” Could Challenge China
Listen on:
Spotify
Apple Podcasts
Google Podcasts
YouTube
Recent Posts
Marshall Li in South China Morning Post: ‘State-owned financial institutions have not fully integrated AI into their core operations yet, because China is focused on avoiding major financial risks’
“The use of large AI models in China’s financial sector is still at an early stage,” said Marshall Li, a ...