Justin Sun, the founder of TRON, has recently made a statement urging China to enhance its Bitcoin policy. Sun’s comments come in the wake of a more Bitcoin-friendly environment in the United States, a shift he attributes to President Trump’s promotion of the cryptocurrency.
Sun believes that China should follow suit and make further advancements in its Bitcoin policy. He argues that a competitive atmosphere between China and the United States in the realm of Bitcoin policy would be beneficial for the entire industry.
In a recent development, Sun has expressed interest in purchasing the remaining $2.3 billion worth of Bitcoin that was seized by the German government. This proposal arrives amidst a series of significant Bitcoin transfers by Germany to various exchanges. The aim of these transfers is to offload the cryptocurrency, a move that has already had a substantial impact on the market, triggering a significant selloff.
