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The U.S. Strengthens Bitcoin, China Turns Its Back on Cryptocurrency: A Historic Opportunity for the Digital Economy!
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Breaking news from the U.S.: Vice President JD Vance just caused a stir at the Bitcoin 2025 Conference in Las Vegas by strongly supporting Bitcoin!
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With an executive order from President Donald Trump (March 2025), the U.S. is building a strategic Bitcoin reserve fund, using confiscated Bitcoin from cases to bolster its digital economic position. Vance emphasized: "Bitcoin is legal, it's the future, and the U.S. will not miss this opportunity!" He also supports the GENIUS Act, paving the way for the development of Bitcoin and digital assets, while calling for clear regulations to promote the cryptocurrency industry.
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Meanwhile, China says "No" to cryptocurrency: Since 2021, China has banned trading, mining Bitcoin, and related activities, due to concerns about money laundering and capital flight.
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The People's Bank of China (PBoC) blocks exchanges, bans ICOs, and focuses on the digital yuan (e-CNY), tightly controlling public blockchain. Nevertheless, some Chinese investors still secretly participate in the market through unregulated exchanges.
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A geopolitical opportunity for the U.S.: Vance asserts that China's "hesitance" is a golden opportunity for the U.S. to lead the global digital economy race. With friendly policies like the Bitcoin fund and promoting stablecoins, the U.S. is turning itself into the world's cryptocurrency hub!
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What do you think? Can the U.S. surpass its rivals thanks to Bitcoin? Or will China win with its centralized digital currency strategy?
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#Bitcoin #TiềnMãHóa #MỹVsTrungQuốc #KinhTếSố #Blockchain