Trump Says China Is ‘Big Into Crypto’ Despite Official Ban
Former U.S. President Donald Trump claims China actively engages in cryptocurrency activity, even though the country maintains a formal ban on crypto trading and mining.
Summary
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Terms & Concepts
Cryptocurrency: A digital or virtual currency that uses cryptography for security and operates on decentralized networks such as blockchain.
Crypto Trading Ban: A government-imposed prohibition on buying, selling, or exchanging cryptocurrencies within a jurisdiction.