While the US Treasury Secretary is declaring the beginning of the “golden age of cryptocurrencies” under Trump, China is officially banning cryptocurrencies. Mining, trading and related services are now banned in China due to financial risks.
In South Korea and the Philippines, the authorities are more loyal.
In South Korea, foreign tourists can now withdraw cash from USDT through crypto atms thanks to a partnership between DaWinKS and the Kaia DLT Foundation.
And in the Philippines, they implemented a Polygon-based blockchain systеm for notarization of government documents. This will increase transparency and prevent fraud.