According to Reuters, Ru Haiyang, co CEO of HashKey, Hong Kong's largest licensed cryptocurrency exchange, said that China may want to learn from Trump's approach of using confiscated Bitcoin as a strategic reserve for the central government to consolidate and dispose of assets. Analysis suggests that more centralized management will help China maximize the value of seized cryptocurrencies. A company in Shenzhen has helped local Chinese governments sell cryptocurrencies worth over 3 billion yuan in overseas markets. The US dollar earnings are converted into Chinese yuan through local banks and then transferred to the account of the local finance bureau. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=41044