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China Raises Stakes in Standoff with US Over Digital Assets

China Raises Stakes in Standoff with US Over Digital Assets

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by Giorgi Kostiuk

5 hours ago

China has issued a warning of potential measures against the US regarding changes in digital asset policy.

Heightened Tensions

The governments of China and the United States, led by President Trump, are facing heightened tensions. This follows Trump's executive order to establish a Strategic Bitcoin Reserve, indicating major shifts in financial policies.

Financial Policy Shifts

The Federal Reserve and US Treasury have recently taken steps to streamline crypto-fiat integration. These changes mark a significant shift in crypto policy, prompting reactions from both domestic and international stakeholders.

Bitcoin's Role

Bitcoin is likely to experience volatility, becoming pivotal in geopolitical discussions. US policies might drive safe-haven interest in BTC, affecting not just Bitcoin but also other crypto assets globally.

Such decisions may significantly impact cryptocurrency markets and financial integration.

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