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
How to choose between buying discounted ETH, Bitmine, and SharpLink?
Do you want to buy CRCL?
Wosh: Inflation has cooled in recent weeks, AI is reshaping the economy, and forward guidance has lost its necessity
The most secretive AI winner
Looking at Stripe's ambitions and the future of stablecoins from OUSD
From Pump.fun to Collector Crypt: Has Solana's income throne changed hands?
Dan Bin's latest speech: Don't miss out on a great era
Robinhood launches its own blockchain, no longer wanting to be a tenant on others' chains
Why Tokenized Stocks Are Booming in 2026 While Crypto Is Still Struggling
Former ByteDance employee's account: How I started with two Pinduoduo hard drives and made six times the profit with Seagate to achieve financial freedom?
MiCA reshuffle begins, Binance temporarily bids farewell to the EU
How does Gate redo "buying and selling stocks" from the cryptocurrency world to the stock market?
Visa and Mastercard join 140 giants to launch a new stablecoin, but the impact on the market landscape may still be limited
Circle CEO responds to OUSD's challenge: Stablecoins are a winner-takes-all business, and we will not slow down
Argentina vs Cape Verde: When a Record-Breaking Legend Meets an Unbreakable Underdog
WEEX exclusive pre-match analysis of Argentina vs Cape Verde, exploring Messi-led Argentina’s dominance and Cape Verde’s historic defensive breakout, with a breakdown of volatility, structure, and match dynamics.
