Former US President Trump Saturday (July 27, 277Said that the United States must lead the field of cryptocurrencies, otherwise China will lead.

According to Reuters, Trump, also a Republican presidential candidate, said at the 2024 Bitcoin Conference held at the 2024 Bitcoin conference held in Nashville on the same day, and said thatHe will make the United States a global cryptocurrency leader, and will also adopt a more friendly regulatory regulatory regulatory regulation than the current vice president Harris.He has pointed out that cryptocurrencies have been scams in the past.

Harris will be very likely to replace the current president Biden, who decides to retire, on behalf of the Democratic Party to play in the November Presidential Election.

Trump said: "If we do not accept cryptocurrencies and Bitcoin technology, China and other countries will adopt it. They will occupy the dominant position, and we cannot let China occupy a dominant position."

Trump also said that he will set up an crypto presidential advisory committee, and uses cryptocurrencies that the US government currently holds and mostly seized in law enforcement operations to create a national Bitcoin inventory.

The People's Bank of China issued policies and measures with relevant departments earlier to clarify that the virtual currency does not have a status of legal currency status, and prohibits financial institutions from carrying out and participating in virtual currency -related businesses.In addition, the overseas virtual currency exchanges through the Internet and providing services to residents in China are also illegal financial activities.

Reuters reports that the Chinese people can still conduct tokens, including Bitcoin, on the cryptocurrency exchange.Chinese investors can also open overseas bank accounts to buy encrypted assets.