Eric Trump believes the United States can be the crypto capital of the world, echoing his father’s aspirations as he prepares to return to the White House.
The son of the President-elect and Vice President of the family organization was speaking on the fringes of the Bitcoin MENA conference in Abu Dhabi where he was a scheduled keynote speaker.
In a conversation with CNBC, Eric predicted “sensible” regulatory reforms could pave the way for the U.S. to lead the way on the alternate digital currency.
With Bitcoin recently achieving a landmark $100,000 price, the decentralized cryptocurrency still holds the vast majority of that value, fastened by the public remarks and overtures from Donald Trump in the aftermath of his election success.
The presence of Eric Trump at Bitcoin MENA, flanked by Steven Witkoff – the President-elect’s choice as Middle East envoy – is another sign that the incoming U.S. administration is serious about its crypto intentions.
“I think America will be the crypto capital of the world. I fully support it. My father fully supports it. Our family, you know, is fully embracing it. We believe in DeFi. We believe that’s the way of the future. And again, America, you know, better lead the way, otherwise we’re going to leave a lot behind,” said Eric Trump.
ERIC TRUMP: “I believe in Bitcoin. I absolutely love #Bitcoin”