Trump Warns on July 6 That China Would Lead Crypto if US Steps Back From Industry

According to Trump on July 6, 2026, China would lead the crypto industry if the U.S. backed away from it. Trump compared crypto to artificial intelligence, saying both technologies require sustained U.S. investment to maintain global leadership. "If we didn't do it, China would do it. It's a massive industry," Trump remarked, adding that his crypto campaign platform won broad support from what he described as 100 million people in the space. Industry groups including Fairshake spent more than $170 million backing pro-crypto candidates in 2024.
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