Former President Donald Trump recently made a public statement claiming that China is heavily investing in Bitcoin and cryptocurrency, suggesting a potential increase in geopolitical influence despite an official ban within its borders. This stance underscores the intensified competition surrounding digital assets, with the US seeking to maintain global leadership while facing China’s expanding financial presence. “,He emphasized this growing Chinese influence as a potential threat to U.S. dominance in the crypto industry. Trump’s comments came after his controversial pardon of Binance Co-founder Changpeng Zhao, framing the issue as both an economic and geopolitical challenge.