Eric Trump Advocates for Bitcoin as U.S. Moves to Become Global Cryptocurrency Hub

In a recent interview, Eric Trump, the son of former President Donald Trump, asserted plans to collaborate with his father to position the United States as a premier global hub for cryptocurrency. He criticized the current administration’s regulatory stance, accusing U.S. SEC Chair Gary Gensler of spearheading a “crusade” against the cryptocurrency sector, stating that both President Biden and Vice President Kamala Harris are lacking in understanding the nuances of digital assets. Eric contended that the U.S. cryptocurrency sector is undergoing significant pressure due to regulatory scrutiny. Notably, he highlighted his father’s historic engagement at a Bitcoin conference as a pivotal moment for the industry. Despite refraining from making explicit price forecasts, Eric expressed a robustly optimistic outlook, describing himself as “very bullish” on Bitcoin and holding a diverse portfolio that includes BTC, ETH, SOL, and SUI.