China likely to resume Bitcoin mining: Anthony Scaramucci predicts that by late 2025, China will re-engage in Bitcoin mining, driven by pro-digital currency policies expected under the Trump administration. This could reverse China’s previous stance on cryptocurrency mining and investments.
U.S. Regulations will spur global crypto strategies: The evolution of U.S. Digital asset regulations may compel China to reassess its cryptocurrency policies, potentially aligning with a global trend of adopting Bitcoin. Scaramucci emphasizes the importance of competitive parity in the crypto market.