Opinion
China’s control over crypto liquidity and its buying power gives Beijing unprecedented leverage over the Trump family’s digital fortune.
Joshua Chu is a lawyer, a lecturer in law and co-chair of the Hong Kong Web3 Association. He specializes in blockchain law, cryptocurrency litigation, VATP licensing and emerging technology cases. Joshua has led landmark cases, including Hong Kong’s first crypto litigation (2016), first blockchain native tokenized listed company bonds (2023) and first tokenized injunction order (2024).
China’s control over crypto liquidity and its buying power gives Beijing unprecedented leverage over the Trump family’s digital fortune.
China’s plan to liquidate confiscated crypto through Hong Kong exchanges isn’t simply a policy — it’s to control global digital asset markets and outmaneuver the US.