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April is National Financial Literacy Month in the United States. The NYU StudentLink Center in partnership with the Office of Financial Education wants to make sure students are well equipped to tackle any financial situation. All month long we’ll be posting videos on a variety of topics. We start with a brief introduction into financial literacy!

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Disclaimer: Please note that this video is made for entertainment purposes only and not to be taken as financial advice. Always make sure to do your own research.

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Thanks for watching, I appreciate you!

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The US and China are in fierce competition in many fields, so why on cryptocurrency trading have they gone in completely opposite directions?

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The US under President Donald Trump positions itself as a pro-crypto hub to foster innovation. Trump’s family even has its own digital tokens. China under President Xi Jinping has imposed a strict ban on domestic trading and mining of digital currency since 2019. Because of that crackdown, China now controls significant Bitcoin reserves following the government seizure of illegally mined and traded digital tokens.

But a crypto-trading ban doesn’t mean China’s opposed to embracing blockchain, the core technology that enables crypto currency. While the US focuses on market-driven growth, China is testing state-backed digital currency and utilising Hong Kong as a regulated, compliant hub for digital asset innovation.

In this episode of Asia Specific, host Mariko Oi is joined by Sam Reynolds, a senior reporter at cryptocurrency media outlet CoinDesk, and Angela Ang, the head of policy and strategic partnerships at blockchain intelligence company TRM Labs.

00:00 Introduction
01:19 What exactly is cryptocurrency and what can it do?
03:08 Why Bitcoin investors typically don’t buy things in the real world using cryptocurrency
04:01 What are the benefits of using digital coins
04:51 Why did China ban cryptocurrency trading and mining?
05:56 China’s complicated relationship with crypto technology
06:55 China, Hong Kong and cryptocurrency
08:03 How the US and China view cryptocurrency
10:20 Is China trying to compete against the US in the cryptocurrency space?
12:42 Investors attitudes to cryptocurrency in Asia and the West
14:26 What’s next for cryptocurrency?

Watch more episodes of Asia Specific here 👉🏽 https://www.youtube.com/playlist?list=PLz_B0PFGIn4c3njIxB0KHuO8SS2mBMtUc

Instagram: @bbcworldservice
Email: asiaspecific@bbc.co.uk
Presenter: Mariko Oi
Producers: Derek Cai, Rachel Lee, Abhiram Subramaniam
Camera: Khairul Danish Bin Mohd Roslee, Rosalehin Bin Rosli, Aimran Supardi
Editor: Bill Birtles
—————-

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#BBCWorldService #WorldService #asiaspecific #asiaspecificpodcast #china #US #cryptocurrency #bitcoin

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Taktile co-founder and CEO Maik Taro Wehmeyer assesses the Trump administration’s artificial intelligence framework on ‘The Claman Countdown.’ #fox #media #breakingnews #us #usa #new #news #breaking #foxbusiness #trump #donaldtrump #ai #artificialintelligence #technology #tech #finance #financial #economy #innovation #business #markets #regulation #policy #competition #digital #future #banking #investment #growth #industry #maiktarowehmeyer

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FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television. In 2025 it opened the year posting double-digit advantages across business day, market hours and total day viewers in January. Additionally, the network continued to lead business news programming, with each business day program placing among the top 15 shows, while FBN delivered its highest-rated month since April 2023 with market hours.

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DISCLAIMERS

1. High Risk: Bitcoin trading is very risky, with 80% of traders losing money. It is advised primarily for experienced traders.
2. Disclosure: I own a diverse cryptocurrency portfolio for transparency. The content here is for general information and not financial advice.
3. No Professional Advice: Opinions expressed are personal and not from a licensed financial advisor. Investing in cryptocurrencies involves a high risk of loss.
4. Public Information: The information presented is publicly sourced and reflects personal viewpoints. Viewers should conduct their own research before making decisions.

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DISCLAIMER: 24hrsCrypto is not a financial advisor. This is not financial advice. Everything said in this video is the sole opinion of those who appear in it. The statements in this video are not investment or trading advice. This video is intended solely for educational and/or entertainment purposes only. Always do your own research before investing. Trading cryptocurrencies is extremely risky. Do not trade on any exchange that prohibits trading from your geographical region. Never invest more than you can afford to lose. 24hrsCrypto is not responsible for your losses or gains as a result of buying, selling, or trading cryptocurrencies.

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