Eric Trump Calls China ‘a Hell of a Power’ in Digital Assets (1)

Aug. 29, 2025, 9:00 AM UTC

Eric Trump, the son of US President Donald Trump, called China “a hell of a power” in crypto even though the nation has largely banned digital-token trading since 2021.

“There’s no question that China is a hell of a power when it comes to this world,” Trump said in a question-and-answer session with crypto investor David Bailey at the Bitcoin Asia conference in Hong Kong on Friday. He was responding to Bailey’s remark that China is the “other Bitcoin superpower,” along with the US.

WATCH: Eric Trump speaks on stage at Bitcoin Asia.
Source: Bitcoin Asia

China issued a blanket ban on cryptocurrency trading four years ago, the culmination ...

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