Trump's eldest son: encryption will become the future of finance, and it will be a trillion-dollar industry.

On August 19, Donald Trump Jr., the eldest son of Trump, stated in an interview with Bloomberg that entering the encryption field was not due to a deep understanding of crypto, but rather out of necessity: the Trump family has been "de-banked" by the traditional financial system. "A few years ago, in this town, with just one phone call, almost no one would refuse to lend to my real estate projects. But once we were labeled as 'political,' we became 'unpopular' overnight." "Therefore, crypto assets represent the future of finance; we must establish the necessary 'guardrails' through legislation to keep this industry here. This will be a trillion-dollar industry that should take root in the United States. The U.S. should benefit from the taxes, innovation, and rise it brings, and it should maintain that strategic foresight. So, I am very excited about that bill because it will ensure that the U.S. becomes the home of future crypto assets and Blockchain technology."

TRUMP-1.21%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)