4 Shocking Facts from Bitcoin Asia 2025: When Politics, Trump, & Crypto Collide in Hong Kong

Jakarta, Pintu News – The Bitcoin Asia 2025 conference taking place on August 28-29 in Hong Kong is suddenly in the spotlight not only for its cryptocurrency-related topics, but also for its political dynamics. Hong Kong officials reportedly pulled out of the event after the presence of Eric Trump – the son of former US President Donald Trump – was confirmed as a keynote speaker.

According to a South China Morning Post report, two important figures, Eric Yip Chee-hang of the Securities and Futures Commission and legislator Johnny Ng Kit-chong, canceled their participation. Although the organizers were reluctant to confirm the reasons for these withdrawals, internal sources cited pressure for the officials not to attend if Eric Trump was still scheduled to appear.

1. Trade Interests and Political Image Considered

Tensions between the United States and China have complicated Hong Kong’s position. Hong Kong is trying to attract foreign crypto companies with more digital asset-friendly regulations, including a stablecoin policy and a new digital asset framework launched on August 1, 2025.

However, the global geopolitical situation is putting pressure on public officials. For example, export tariffs from Hong Kong to the US have now reached 145%, which some observers say is a reminder for local officials to be careful in shaping their international image. This was reinforced by a statement from Lau Siu-kai of a pro-Beijing think tank, who said that the absence of officials was an attempt not to be seen as favoring Washington.

Also Read: 3 Reasons Why Altcoins Are Predicted By Analysts And Tapiero To Explode And Surpass Bitcoin (BTC)

2. Eric Trump and His Involvement in the Cryptocurrency World

Eric Trump is scheduled to appear in two main sessions titled “All in on Bitcoin” and “Bitcoin Takes Over the World”. Based on public reports and media archives, he is known to have co-founded American Bitcoin and has ties to World Liberty Financial, an entity engaged in the crypto-based finance industry.

With Donald Trump back in office as US President and displaying a pro-crypto stance, Eric Trump’s every move in the sector is under the spotlight. At the time of writing, the price of Bitcoin (BTC) is listed at USD 113,234 or around Rp1.863 billion according to TradingView. Eric Trump’s presence raises a debate: will he attract investor interest or distract from the main focus of blockchain technology?

3. Local Crypto Community Reaction: Not Just a Political Issue

Joshua Chu of the Hong Kong Web3 Association said that the official’s absence should not be read as a form of political pressure. He emphasized that Eric Trump’s presence should be seen as part of the global dynamics of crypto and efforts to make Hong Kong a center of blockchain innovation.

However, some participants on site felt that the political aspect was unavoidable. In fact, this conference was actually designed to discuss tokenization and funding of the Web3 project. This situation shows that in the midst of efforts to develop the crypto ecosystem, political narratives are still difficult to escape from the public agenda.

4. Crypto’s future amid global tug-of-war

Recent regulations in Hong Kong show a serious commitment to the adoption of digital assets. The conference organizers stated that the event will still take place, although some sessions have been adjusted.

The event revealed a major challenge facing the city: how to attract global crypto investors while maintaining sensitive diplomatic relations. Bitcoin Asia 2025 is a mirror of the tug-of-war between diplomacy, technological innovation, and international crypto market forces.

Also Read: 3 Reasons Why Tom Lee Predicts Ethereum (ETH) Could Touch IDR196 Million by the End of 2025

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Reference:

• Christian Encila / Bitcoinist. Trump At Bitcoin Asia 2025? Hong Kong Officials Say ‘No Thanks’. Accessed August 29, 2025