Trump Jr: Crypto Will Be the Future of Finance, It Will Be a Trillion-Dollar Industry
BlockBeats News, August 19th, Donald Trump Jr., the son of former President Donald Trump, stated in an interview with Bloomberg that their involvement in the cryptocurrency field was not due to a deep understanding of crypto, but out of necessity: (The Trump family) was being "debanked" by the traditional financial system. "A few years ago, in this city, with just one phone call, almost no one would refuse to lend to my real estate project. But after we were labeled as 'political,' overnight we became 'unwelcome individuals'."
"Therefore, cryptocurrency represents the future of finance; we must enact legislation to establish the necessary 'guardrails' for this industry to stay here. This will be a trillion-dollar industry that should be rooted in the United States. The U.S. should benefit from the tax revenue, innovation, and growth it brings, and should also possess that strategic foresight."
"So, I am very excited about that bill because it will ensure that the United States becomes the home of future cryptocurrency and blockchain technology."
You may also like
Why Is Bitcoin Down in 2026? What We Can Learn From 2022
The large models in the United States are moving towards closure in the name of security
From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework
Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion
Global Launch: As predictions become the most scarce asset in the AI era, Manadia is defining the next generation of the value internet
Why do cryptocurrency projects always like to change their names?
Who is footing the bill for the $64 billion accounting frenzy?
I never expected that the first application of AI x Crypto would be in security auditing
What is your view on Binance's competitive advantages?
ETH has entered a non-consensus phase, and the turning point is approaching!
The shift in the cloud of the air: from despising stablecoins a year ago to the high-profile entry of capital today
The survival dilemma of small and medium exchanges behind the withdrawal anomalies exposed by AscendEX
Why Is Bitcoin Falling Below $60K? 5 Key Market Drivers Explained
Bitcoin has dropped sharply amid ETF outflows, Strategy stock weakness, AI stock rallies, and changing Fed expectations. Explore the key forces driving BTC’s latest correction and what traders should watch next.
