Trump Says America Is Beating China in the Crypto Sector

By: bitcoin ethereum news|2025/05/15 05:30:06

President Donald Trump suggests that America’s pro-crypto stance is already yielding positive results, declaring the U.S. dominance over China in the crypto space. It’s well known that the U.S. and China have been embroiled in a heated tariff war for months. This trade war escalated in April, with the United States imposing a 145% tariff on Chinese goods. Notably, China reciprocated and slammed a 125% tariff on goods imported from the United States. In the meantime, both countries have reached an agreement, with China’s tariff dropping to 10% while the U.S. lowered its own to 30%. US Winning in China in Crypto When it seemed like the trade tension between the countries was fading, Trump recently declared that the United States is winning against China in crypto. Popular financial market reporter Walter Bloomberg shared an excerpt of Trump’s comment in a tweet today. “We are winning China in the crypto sector,’ Trump remarked. TRUMP: WE’RE LEADING CHINA IN CRYPTO — *Walter Bloomberg (@DeItaone) May 14, 2025 His comment portrays the United States and China as rivals in the race to dominate the crypto industry. Before his reelection, Trump had been committed to helping the United States dominate the sector. In his view, America should be the crypto capital of the world. Crypto Mining Last month, U.S. Secretary of Commerce Howard Lutnick disclosed that Trump’s administration is dedicated to supporting Bitcoin mining companies through the Investment Accelerator initiative. He revealed miners can run their operations off-grid by building power plants that run on waste gas instead of relying on local utilities. According to him, these power plants can be sited near where miners intend to run their data mining centers. In contrast, China has taken a more restrictive approach. In 2021, it launched a sweeping crackdown on crypto mining, and since then, it has not openly embraced the industry to the extent seen in the United States. Meanwhile, underground mining activities continue to thrive in China. Regulation China has continued to be strict against crypto assets, prohibiting their use in payments and investment. However, the U.S. is pushing to establish clear crypto regulation as part of its efforts to foster innovation in the space. Through his family-backed crypto project World Liberty Financial, Trump has even invested in multiple cryptocurrencies, including Bitcoin and Ethereum. Interestingly, his son Eric Trump recently disclosed that the president himself owns lots of BTC tokens. Bitcoin Holdings China still holds about 194,000 Bitcoin in its blockchain wallets despite its strict stance. However, China’s Bitcoin holdings are still less than the United States’ 198,012 BTC, which it acquired through civil and criminal forfeitures. Trump Says He’s a Big Fan of Crypto Meanwhile, Trump reiterated his support for crypto, emphasizing that he is a big fan of digital assets. This is evident in the numerous supports he has given the industry since the beginning of his administration. Trump has solidly backed the industry by appointing several pro-crypto officials to his cabinet and advocating for clear crypto regulation. Interestingly, he issued an executive order to set up a national crypto reserve in the United States for top assets like Bitcoin and Ethereum. Through these efforts, the US hopes to maintain its leadership in the cryptocurrency sector. DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses. Source: https://thecryptobasic.com/2025/05/14/trump-says-america-is-beating-china-in-the-crypto-sector/?utm_source=rss&utm_medium=rss&utm_campaign=trump-says-america-is-beating-china-in-the-crypto-sector

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BeatSwap is evolving towards a full-stack Web3 infrastructure, covering the entire lifecycle of IP rights.

The core product "Space" is scheduled to launch in Q2 2026, driven by SocialFi

BeatSwap, a global Web3 Intellectual Property (IP) infrastructure project, is attempting to overcome the current fragmentation limitations of the Web3 ecosystem, building a full-stack system that covers the entire lifecycle of IP rights.

Currently, most Web3 projects are still in the stage of functional fragmentation, often focusing only on a single aspect, such as IP asset tokenization, transaction functionality, or a simple incentive model. This structural dispersion has become a key bottleneck hindering the industry's scale application.

BeatSwap's approach is more integrated, integrating multiple core modules into the same system, including:

· IP authentication and on-chain registration

· Authorization-based revenue sharing mechanism

· User-engagement-driven incentive system

· Transaction and liquidity infrastructure

Through the above integration, the platform builds an end-to-end closed-loop path, allowing IP rights to complete a full cycle of "creation, use, and monetization" within the same ecosystem.

Expanding from Web3 to a broader market: Restructuring the music industry's supply-demand structure

BeatSwap is not limited to existing crypto users but is attempting to take the global music industry as a starting point, actively creating new market demand. Its core strategies include:

Exploring and incubating music creators (Artist discovery)

Building a fan community

Igniting IP-centric content consumption demand

The current global music industry is valued at around $260 billion, with over 2 billion digital music users. This means that the potential market corresponding to the tokenization and financialization of IP far exceeds the traditional crypto user base.

In this context, BeatSwap positions itself at the intersection of "real-world content demand" and "on-chain infrastructure," attempting to bridge the structural gap between content production and financial flow.

"Space" to Launch in Q2 2026: Building the Core of SocialFi

BeatSwap's upcoming core product "Space" is scheduled to launch in the second quarter of 2026. This product is defined as the SocialFi layer in the ecosystem, aiming to directly connect creators with users and achieve deep integration with other platform modules.

Key designs include:

A fan-centric interactive mechanism

Exposure and distribution logic based on $BTX staking

User paths connected to DeFi and liquidity structures

Thus, a complete user behavior loop is formed within the platform: Discovery → Participation → Consumption → Rewards → Trading

$BTX Token Mechanism: Evolving from an Incentive Tool to a Value Carrier

$BTX is designed to be a core utility asset within the ecosystem, rather than just a simple incentive token, with its value directly tied to platform activity and IP use cases.

Main features include:

· Yield distribution based on on-chain authorized actions

· Value reflection based on IP usage and user engagement dynamics

· Support for staking and DeFi participation mechanisms

· Value growth driven by ecosystem expansion

With the increased frequency of IP use, the utility and value support of $BTX will enhance simultaneously, helping alleviate the "disconnect between value and utility" issue present in traditional Web3 token models to some extent.

Accelerating Global Exchange Layout: Enhancing Liquidity and Accessibility

Currently, $BTX has been listed on several mainstream exchanges, including:

Binance Alpha

Gate

MEXC

OKX Boost

As the launch of "Space" approaches, BeatSwap is actively pursuing more exchange listings to further enhance liquidity and global accessibility, laying a foundation for future market expansion.

Beyond Web3: Aiming for a Larger-Scale Integration of Content and Finance Markets

BeatSwap's goal is no longer limited to the traditional Web3 narrative but aims to target over 2 billion digital music users and a trillion KRW-scale content market.

By integrating content creators, users, capital, and liquidity into a blockchain framework centered around IP rights, BeatSwap is striving to build a next-generation infrastructure focused on "IP tokenization."

Conclusion

BeatSwap integrates IP authentication, authorization distribution, incentive mechanism, transaction system, and market construction to establish a unified structure that bridges the full lifecycle path of IP rights.

With the launch of the Q2 2026 "Space," the project is expected to become a key infrastructure connecting content and finance in the IP-RWA (Real World Assets) track.