A trade war misstep? China is vacating crypto battlefield to US banks

[newshunter]

A trade war misstep? China is vacating crypto battlefield to US banks

Why is China forsaking cryptocurrencies at the same time that legacy U.S. banks, long wary of crypto, appear to be discovering its virtues?

Source: A trade war misstep? China is vacating crypto battlefield to US banks

Would appreciate your opinion about this

[TomPluz]

And I really love good trend and let's hope that regulators bot elected and unelected will not be wasting this good opportunity to be the leading country for the legit cryptocurrency market. Right now, there is Germany that is also making many good inroads in terms of acceptance and development of cryptocurrency. All those while China had decided that they will not have anything to do with Bitcoin and the rest of the crypto world all maybe because they are convinced that digital yuan is their saving grace...which can be a proven mistake later on.

[Senin]

Bitcoin and ethereum have different roles and functions in this market. They do not directly compete with each other and even complement each other with their different opportunities in this market. However, since these are the two leaders in this market, there will always be hidden competition between them. If the upgrade of the ethereum network is successful, it is predicted that after some time ethereum will bypass bitcoin in terms of capitalization and price dominance. In this case, Bitcoin may even lose its leadership position.
I already want dramatic changes in this market and I would like to see it.