Donald Trump Declares Support for Cryptocurrencies and Aims to Make the US the Crypto Capital

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by Giorgi Kostiuk

2 years ago

Donald Trump, who is set to assume the presidency on January 20, is drawing attention with his pro-Bitcoin and cryptocurrency stance. His son Eric is also actively involved in the crypto sphere.

Trump Family's Support for Cryptocurrencies

Donald Trump's sons, including Eric Trump, have come to the fore with their pro-cryptocurrency stance. According to Eric, his father is striving to position the US as the world's crypto capital and is firm in his intention to include cryptocurrencies in the US balance sheet with tax breaks.

Eric Trump's Cryptocurrency Portfolio

Eric Trump has revealed that he also invests in cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Sui (SUI). He works with his father in the cryptocurrency domain and sees decentralized finance as necessary to modernize outdated financial systems.

Criticism of the SEC and Future Plans

Eric Trump criticized the Securities and Exchange Commission (SEC) under Gary Gensler, stating that it has begun a 'war' against the crypto sector. He added that his father plans to compensate for the damage done to the crypto industry and aims to make America the crypto capital, with transparency as a hallmark.

Donald Trump's and his family's support for cryptocurrencies underscores their intention to make the US a leading figure in the global crypto industry. Despite their criticism of the SEC, they see potential in decentralized finance and continue their efforts in this area.

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