Justin Sun Believes China Will Finally Relax Strict Crypto Regulations

In a recent Bloomberg interview, Tron founders Emily Chang and Justin Sun discussed the latest happenings in the cryptocurrency industry. Including potential returns to China after a crackdown on the industry. global cryptocurrency

According to Sun 9voouh, it is one of the best times to return to the cryptocurrency market considering that most of the assets have bottomed out. This is due to unfavorable market conditions and tight monetary policy in the United States.

As for China, Sun believes the country will be friendly. However, Tron co-founder believes;jk easing in crypto will come before the adoption of central bank digital currencies.

However, most crypto enthusiasts and decentralized do not believe that CBDCs are safe to use. And countries like China will use it as an alternative to conventional cryptocurrencies.

Last week, Sun announced that he was joining one of the advisory boards of Huobi, one of the world’s largest centralized exchanges. He said that he will focus on developing the Huobi Token, which previously He described Huobi’s utility tokens as a large part of his portfolio. And he’s been collecting them since it was released.

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