U.S. Senator Pat Toomey Sees “Big Opportunity” for the U.S. in China Crypto Ban


Source: u.today u.today

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Earlier today, Bitcoin (BTC) plunged to $40,500 on the PBoC statement that deemed all crypto transactions in China illegal. Senator Patrick Joseph Toomey Jr. (R-PA) commented on its possible outcome for the United States of America. When crackdowns bring opportunities According to tweets by Sen. Toomey, the U.S. can benefit a lot from another series of anti-crypto actions by the Chinese government. All in all, it is a "big opportunity," he adds. China's authoritarian crackdown on crypto, including [#Bitcoin] , is a big opportunity for the U.S. It's also a reminder of our huge structural advantage over China. [September 24,...