Hong Kong Officials Dodge Trump Links as Bitcoin Asia 2025 Faces Major Withdrawals

Bitcoin's flagship Asian conference hits turbulence as key sponsors pull out—and Hong Kong regulators steer clear of any perceived Trump affiliations.

The Political Shadow

Event organizers scramble after multiple high-profile withdrawals. Hong Kong's financial watchdogs explicitly avoid associations with Trump-connected entities—creating an unexpected chill across the crypto gathering.

Market Reactions

Sponsors retreat faster than a meme coin's liquidity after a celebrity tweet. The conference—once hyped as Asia's answer to Consensus—now faces empty panels and nervous investors.

Because nothing says 'regulatory certainty' like officials actively avoiding political optics—while the industry pretends this isn't exactly the kind of headline risk that makes traditional finance guys smirk into their bourbon.

Absences At Bitcoin Asia Linked To Official Guidance On Crypto Caution

Eric TRUMP is scheduled to appear in Hong Kong on Friday for two sessions titled “All in on Bitcoin” and “Bitcoin Takes Over the World.” He is co-founder of mining venture American Bitcoin and has been involved in World Liberty Financial, a Trump family-backed project focused on digital assets.

SCMP reported Wednesday that Ng said his withdrawal was linked to personal matters that clashed with the conference agenda. Meanwhile, the SFC described Yip’s absence as the result of a business trip.

Further, the report said officials had been advised to keep a low profile on crypto issues. In particular, they were urged to be cautious when stablecoins and cross-border capital flows are under scrutiny.

The guidance came ahead of the conference, which is being held in Hong Kong for the second time since last year as the city continues its push to establish itself as a hub for digital assets.

US Tariffs On Hong Kong Imports Add Pressure Amid Escalating Trade Dispute

Lau Siu-kai, a consultant to the Chinese Association of Hong Kong and Macau Studies, said the MOVE aimed to avoid perceptions of cooperation with Donald Trump. Further, he noted that the Trump family’s involvement in crypto businesses has previously drawn criticism. In particular, critics argue it blurs the line between personal interests and public roles.

Bitcoin Asia, organized by BTC Inc, is one of the largest industry gatherings worldwide. The event attracts investors, miners and policymakers from across the region.

The conference comes as Hong Kong balances its ambitions to grow as a digital asset hub with the political realities of strained China-US relations.

The timing shows the sensitivity of today’s political climate. Since his return to the WHITE House in January, Donald Trump has placed crypto at the center of his economic agenda. Moreover, he has unveiled new regulations that supporters believe could transform the US into the “crypto capital of the planet.”

At the same time, his administration has intensified trade tensions. Specifically, Washington has imposed tariffs of up to 145% on Hong Kong imports. As a result, the city now sits at the center of the latest phase of the tariff war between the US and China.