Eric Trump Urges Global Banks to Embrace Crypto or Face Extinction

Eric Trump’s outspoken comments regarding the future of finance have reverberated through the crypto and banking world. He delivered a stark warning to global banks: either embrace cryptocurrency, or risk extinction in the coming decade. Speaking at CNBC’s Disrupt 2023 event in Dubai on April 30th, Trump identified the current financial system as being “broken” and “slow,” stating it primarily benefits the ultra-wealthy. He attributed his own venture into crypto to banking inefficiencies and emphasized the urgency for banks to adapt or be left behind.