Technology9/2/2025Bloomberg

Crypto’s US Momentum, Trump Ties Steal Show at Hong Kong Event

Crypto’s US Momentum, Trump Ties Steal Show at Hong Kong Event

The recent cryptocurrency conference in Hong Kong highlighted the growing importance of the United States in the crypto industry. While the event attracted the "Bitcoin faithful," much of the attention and discussion centered around the momentum of crypto in the US and its ties to former US President Donald Trump. The article suggests that the US has emerged as the new command center for the crypto world, displacing Hong Kong's previous prominence. Key topics discussed at the conference included the regulatory environment and adoption of cryptocurrencies in the US, as well as the involvement of Trump and his allies in the crypto space. The article suggests that the conference reflected the shifting global dynamics in the crypto industry, with the US now playing a more dominant role, overshadowing the traditional crypto hub of Hong Kong. The event's focus on the US crypto landscape and its political connections underscores the growing significance of the American market and regulatory landscape for the future of the cryptocurrency industry worldwide.

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