HONG KONG — Eric Trump, executive vice president of the Trump Organization, praised China during a panel at BTC Asia in Hong Kong, stating there is “no question” the country has made “an unbelievable mark on bitcoin and cryptocurrencies.”
“There’s no question that China is a significant power in this field and is excelling. I give equal credit to the Middle East, which has embraced cryptocurrency in a substantial way and is making rapid strides in that effort,” the son of U.S. President Donald Trump commented.
Trump characterized the U.S.–China relationship as central to the future of digital finance, asserting that both nations “are definitely leading the way on cryptocurrency.”
When asked if this topic might arise in an upcoming trade meeting between his father and Chinese President Xi Jinping, he suggested that while the agenda would likely focus on broader issues, he would “certainly love to talk about bitcoin.”
He highlighted bitcoin’s role in fostering a uniquely international community, describing it as “one of the most diverse communities in the world” and noted that discussions surrounding bitcoin unite people from “different cultures, different societies, different languages, different religions.” This global network, he stated, makes the asset class “great for humanity.”
Trump claimed that under his father’s leadership, the U.S. is rapidly advancing, asserting that more progress on digital assets has occurred in the seven months since Trump’s return to office than in the previous decade.
He portrayed America as “winning the digital revolution,” thanks to strong political support and an influx of institutional backing from major financial entities.
In other news within the Trump-linked cryptocurrency space, a recent report indicated that American Bitcoin, partly owned by Donald Trump Jr. and Eric Trump, is planning a Nasdaq debut after raising significant funds to expand its bitcoin holdings and infrastructure.
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