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Trump says US must ‘stay number one’ as China ramps up crypto push

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Trump says US must ‘stay number one’ as China ramps up crypto push


US President Donald Trump speaks at Bitcoin 2024 event in Nashville, Tennessee, US, July 27, 2024. — Reuters
US President Donald Trump speaks at Bitcoin 2024 event in Nashville, Tennessee, US, July 27, 2024. — Reuters 

President Donald Trump has warned that China’s growing involvement in Bitcoin and other digital assets could threaten America’s lead in the global cryptocurrency market, affirming that the United States “must stay number one” in the rapidly expanding sector.

Speaking during CBS ’60 Minutes’ interview, Trump described cryptocurrency as a “massive industry” that has become central to global technological competition.

“I only care about one thing — will we be number one in crypto?” Trump said. “Crypto has turned out to be a massive industry […] and I’m very proud to say we are far and away ahead of China and everybody else. But China is getting into it very big right now.”

He cautioned that regulatory overreach could “kill the industry” and cost American jobs, adding that maintaining leadership in cryptocurrency and artificial intelligence is essential for US national competitiveness.

“It’s an industry where you’re going to have number one, and you’re not going to have a number two,” he said. “Right now, we’re number one by a long shot — I want to keep it that way, the same way we’re number one with AI.”

Trump contrasted his position with that of former president Joe Biden, alleging that his successor “campaigned against crypto” before eventually changing his stance during the election.

“Biden found out I was getting like 100% of the crypto vote, and he switched totally,” Trump claimed. “They went totally in favour […] they had many people under indictment, and they let them all go.”

The US president noted that his administration had made the US the “global leader” in digital innovation, crediting his policies for fostering growth in the crypto sector.

Trump’s comments come amid growing analyst concern that China is quietly re-entering the cryptocurrency space, despite previous restrictions on trading and mining.

“I don’t want to have somebody else have crypto and have China be number one in the world,” he said. “We’re number one — and I want to keep it that way.”

According to data from Bitbo, the United States currently holds approximately 198,012 Bitcoin, valued at $21.32 billion, while China owns around 194,000 Bitcoin, worth roughly $20.89 billion.

“We are number one, and that’s the only thing I care about,” he said. “I don’t want China or anybody else to take it away.”





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UK Foreign Office hit by data hack

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UK Foreign Office hit by data hack


Illustration shows a laptop with binary codes displayed in front of the UK flag.— Reuters/File
Illustration shows a laptop with binary codes displayed in front of the UK flag.— Reuters/File

A UK government minister on Friday said an investigation was underway after Britain’s Foreign Office was hit by a data hack in October.

“I can confirm that there was a hack related to the Foreign, Commonwealth and Development Office (FCDO),” Trade Minister Chris Bryant said, playing down a report suggesting Chinese hackers had been involved.

The data hack comes after it emerged in July that a Ministry of Defence official accidentally leaked a document containing the names and details of almost 19,000 Afghans who had asked to be relocated to the UK.

The details of more than 100 Britons, including spies and special forces personnel, were also released.

Bryant said the latest incident was “fairly low risk”.

“We’ve been investigating since October since this happened, and we closed down the problem,” Bryant told BBC radio.

The Sun daily said it understood a cyber gang named Storm-1849, accused of targeting critics of Beijing, was behind the Foreign Office hack.

Asked if he could rule out Chinese involvement, Bryant said he did not know.

A government spokesperson added: “We have been working to investigate a cyber incident. We take the security of our systems and data extremely seriously.”

Cyber gangs have previously targeted UK hospitals, the postal service, luxury brands and retailers.





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Trump administration suspends US green card lottery

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Trump administration suspends US green card lottery


US Homeland Security Secretary Kristi Noem testifies before a House Homeland Security hearing on the Department of Homeland Security (DHS) budget, on Capitol Hill in Washington, DC, US, May 14, 2025. — Reuters
US Homeland Security Secretary Kristi Noem testifies before a House Homeland Security hearing on the Department of Homeland Security (DHS) budget, on Capitol Hill in Washington, DC, US, May 14, 2025. — Reuters
  • Noem says suspect entered via DV1 in 2017.
  • USCIS ordered to pause programme immediately.
  • Lottery awards up to 55,000 visas annually.

WASHINGTON: US homeland security chief Kristi Noem suspended a green card lottery on Thursday, saying it was used by the suspect in a mass shooting at Brown University.

Claudio Neves Valente, a 48-year-old Portuguese national, is accused of bursting into a building at the Ivy League school on December 13 and opening fire on students sitting exams, killing two and wounding nine.

He is also accused of killing a professor at the Massachusetts Institute of Technology (MIT) two days later.

Noem wrote on social media that Neves Valente “entered the United States through the diversity lottery immigrant visa program (DV1) in 2017 and was granted a green card.”

“At President Trump’s direction, I am immediately directing USCIS (United States Citizenship and Immigration Services) to pause the DV1 program to ensure no more Americans are harmed by this disastrous program,” Noem wrote.

“This heinous individual should never have been allowed in our country.”

Neves Valente was found dead by suicide after a days-long manhunt, police said on Thursday evening.

The US green card lottery grants up to 55,000 permanent resident visas annually to people “from countries with low rates of immigration to the United States,” according to the State Department.

To qualify, applicants must have at least a high school education or two years of training or work experience.

They also go through a vetting process that includes an interview.

Trump administration also intends to increase its efforts to strip some naturalised Americans of their US citizenship, the New York Times reported on Wednesday, citing internal guidance.

The USCIS guidance, which was issued on Tuesday, asks its field offices to “supply Office of Immigration Litigation with 100-200 denaturalisation cases per month” in the upcoming 2026 fiscal year, according to the newspaper.

The guidance comes as Trump has spent much of this year closing loopholes in the immigration system and throwing up roadblocks for people seeking to enter and stay in the country.

US President Donald Trump has carried out an aggressive immigration agenda, including imposing travel bans and an attempt to end birthright citizenship since January.

His administration most recently paused immigration applications, including green card and US citizenship processing, filed by immigrants from 19 non-European countries.


— With additional input from Reuters





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Australia’s Head slams unbeaten 142 to crush England’s Ashes hopes

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Australia’s Head slams unbeaten 142 to crush England’s Ashes hopes



Danger man Travis Head crunched his fourth century in as many Tests at Adelaide Oval Friday as Australia built a 356-run lead over England to stand on the brink of retaining the Ashes.

The hosts were 271-4 at stumps on day three of the third Test with Head on 142 and first-innings century-maker Alex Carey not out 52, taking the five-match series out of England’s reach.

England must win after crashing inside two days at the first Test in Perth and inside four in Brisbane, both by eight wickets.

But it appears to be an impossible task with the highest run chase at the ground 316 by Australia against England in 1902.

Head’s crucial ton, his 11th, came off a composed 146 balls although he almost didn’t get there, dropped on 99 by Harry Brook as impatience got the better of him.

He has now scored a century in four consecutive Tests on his home ground, following 140 against India last year and 119 and 175 against the West Indies.

Australia suffered an early setback in a tense 20 minutes before lunch after England were all out for 286 on the back of Ben Stokes’ gritty 83 in response to Australia’s first innings 371.

Bryson Carse trapped Jake Weatherald lbw for one and he walked without reviewing after the umpire lifted his finger, although replays showed the ball was pitching outside leg stump.

It gave England a glimmer of hope, but after the break Head slammed the door shut, cutting and chopping boundaries to all corners of the ground.

Marnus Labuschagne went for 13 when he edged Josh Tongue to Harry Brook at slip, with reviews showing it carried.

Usman Khawaja, who hit a defiant 82 in the first innings after his last-minute call-up for the ill Steve Smith, was a perfect foil for the more aggressive Head.

But on 40 he was undone by the spin of Will Jacks, caught behind, and Cameron Green followed soon after for seven, edging Tongue to Brook.

After getting through the nervous 90s, Head finally brought up his century with a four off Joe Root, taking off his helmet and kissing the turf before pumping his fists.

While not in the same vein as his match-winning 69-ball century in Perth, it was a critical knock, supported by Carey and aided by Stokes not bowling after his exploits with the bat.

Gutsy Stokes

After a woeful batting display on Thursday, Stokes and Jofra Archer kept England’s dreams alive with a stirring 106-run ninth-wicket stand.

They resumed at 213-8 in muggy conditions with Stokes not out 45 and Archer on 30.

Stokes, who suffered leg cramps and dehydration during his gutsy rearguard action in sweltering 40 Celsius heat on Thursday, brought up his slowest ever 50 in Tests, off 159 balls.

England’s Ben Stokes (L) and Jofra Archer run between the wickets on the third day of the third Ashes cricket Test match between Australia and England at the Adelaide Oval in Adelaide on December 19, 2025. — AFP
He kept plugging away but finally fell when Mitchell Starc took the new ball and bowled him, with Stokes one of the few players who showed the fight he had demanded before the game.

Archer was another, ably helping his captain.

The fast bowler was the last man out when caught by Labuschagne off Scott Boland for 51 — his highest Test score and a maiden half-century Boland ended with 3-45 while Pat Cummins took 3-69 in his first Test since July.

England’s woes began when openers Zak Crawley and Ben Duckett, along with the under-performing Ollie Pope, departed in a 15-ball blitz on Thursday at the hands of Cummins and Nathan Lyon.

Harry Brook showed some resistance with 45, but the Australian attack was relentless.



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