Billionaire Justin Sun is expecting China to shift its policy on cryptocurrencies after banning the digital assets last year.
In a new interview with Bloomberg TV, the founder of the Tron blockchain network says he believes a crypto policy change in China could come as early as next month.
“Definitely for the crypto policy in China, I’m optimistic. China is facing a big change I think in the next month or two. I think after the new leadership, we will definitely see a lot of change in the economic policies and the even for lots of industry policy. And I believe crypto and the blockchain is definitely on the table.”
Sun recently joined an advisory board for Huobi Global, which was once China’s top crypto exchange, and he says he would like the company to return to China if the policy change happens.
Sun also says he is among the top holders of Huobi’s native token HT.
“Yes, I own lots of HT tokens for sure. I will say tens of millions. Some of it I already owned before I became an advisor since I used HT since day one. When Huobi first founded in 2013, I started to accumulate HT on my own. But right right now, I will definitely see myself as one of the biggest HT holders.”Don't Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox
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