Opinion of: Joshua Chu, co -chair of the Hong Kong web association
China’s control over cryptocurrency liquidity in Hong Kong gives unprecedented power about the cryptographic wealth of the Trump family. This leverage allows Beijing to influence the financial destination of the family, and potentially the relations between the United States and Us-China, through market movements. While Eric Trump visits Hong Kong, this cryptopolitical link indicates a new era of global power.
The cryptocurrency is no longer seen as the new financial innovation around the block. Virtual assets have become powerful geopolitical instruments that determine the destinations of nations.
Like Imran Khalid saying“China, on the contrary [to the US]He has played the long game. He chose the dialogue on the drama and the principle on provocation. ”
The increase and growing control and dominance of China over the web 3 economy were similarly marked by their carefully orchestrated flexible liquidity control structure through parallel coverage in Hong Kong. When considering this level of control, combined with the unprecedented and growing dependence of the Trump family and the growing of digital assets for wealth, it reveals a subtle but decisive influence that Beijing can exercise.
Arises from the cryptographic wealth of the Trump family
The president of the United States, Donald Trump, attacked Bitcoin (BTC) during his first presidency, saying that “it is not money” and “based on the thin air.” This position had made an obvious change by 2025.
In a Fox News interview with Donald Trump Jr., he revealed that the family “had no other option” but to enter cryptography after Banks refused to do business with them after the “nonsense” of January 6. As a politically exposed person (PEP), this was a revealing change.
Banks and financial institutions are usually more strict when it comes to PEP because their prominent positions generally mean that they become objectives of bribery and corruption, which produces a greater risk of entanglement of financial crimes with laundering of illicit money.
Since he launched into cryptography, the Trump family has changed dramatically in favor of cryptography as a single engine of personal wealth. In July, it was reported that Trump family cryptocurrencies dominate their portfolio, which represents 40% of its net assets of $ 2.9 billion.
These companies include World Liberty Financial, which has successfully raised hundreds of millions of dollars through simulated sales, including Trump and Melania memecoras. Eric Trump’s participation in American Bitcoin has further amplified exposure to family cryptocurrencies.
This cryptographic exposure is not precedent for political families in the United States, if not for everyone. Wealth has also been concentrated in a class of assets known for its hyper-volatility, which, in turn, is now an industry that is intertwined with the Hong Kong license exchanges, exchanges that are found in the epicenter of China’s cryptographic liquidity strategy.
While this environment introduces greater financial risk, simultaneously allows China a critical lever.
Chinese cryptographic liquidity strategy
China’s announcement to liquidate virtual assets seized through Hong Kong license exchanges is not only the cleaning of the law, but a central strategic movement in Beijing global cryptographic ambitions. This liquidity injection plan, together with the digital asset policy of Leap 2.0, aims to turn Hong Kong into the dominant virtual asset center that China can use as a market price vehicle.
Related: China’s cryptographic liquidation plans reveal their great strategy
The “national team” is a well -known term in the financial circles of Hong Kong (and the largest Asia). It includes sovereign wealth funds and other entities backed by the State, with assets, according to reports, more than $ 1 billion. Initially formed in response to the market accident in 2015, the national team invested $ 17 billion in the markets and was attributed to reducing risks by 30% -45% during the intervention.
Fast advance until 2025, the national team is evidence that China’s plan to liquidate Crypto seized is not simply a “download” action. On the other hand, entities such as the national team can similarly buy any liquidation cryptography, control the market supply and demand to stabilize, inflate or deflate the values of assets as Beijing wishes.
China’s great strategy is dynamic and flexible. It is a strong contrast to the US, which has maintained a passive reserve policy only Hodl, without the flexibility of influencing liquidity or effectively responding to pricing volatility.
To this end, China remains one of the few countries with the unique combination of a considerable group of virtual assets and a national team that operates outside the boundaries of continental China, including the sovereign Wealth Fund in Hong Kong with more than $ 1 billion waiting.
This dual capacity gives China a remarkable means to control the assessments, capable of boosting prices to increase, fall or stabilize at the discretion of Beijing. Taking into account the growing number of companies and countries after the Bitcoin Treasury strategy, Beijing will have an unprecedented influence on such corporations and nations.
Through Hong Kong, China has created a key to consolidating the legacy of the Trump family, either to catapult the wealth of his family to the moon or turn him into the beggar King if he behaves badly.
American politics softens to China while pressing others
China’s simultaneous control over multiple stages of the Virtual Asset Market Value chain allows Beijing to efficiently administer supply and demand (in which cryptography depends largely on its assessment) and price dynamics at the same time, effectively commanding the cryptographic market (as well as its preferred style) instead of being a mere participant in IT.
For example, the hard position of the Trump administration towards India to import Russian oil contrasts for its clemency to China, which, as many reporters point out, is a much greater importer than Russian energy.
The selective pressure reveals the greatest geopolitical leverage of China, which, on the surface, seems to have to do with rare but, deeper, can include a financial influence on politically connected actors such as the Trump family.
Eric Trump’s next tribute to the next cryptographic conference of Hong Kong symbolizes this crypto link. His participation emphasizes how closely the financial and political fortunes of the first family are sewn in the fabric of the Chinese cryptocurrency strategic market.
Opinion of: Joshua Chu, co -chair of the Hong Kong Web Association.
This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The points of view, the thoughts and opinions expressed here are alone of the author and do not necessarily reflect or represent the opinions and opinions of Cointelegraph.