Eric Trump Urges Global Banks to Embrace Cryptocurrency or Face Extinction

Eric Trump, executive vice president of the Trump Organization and son of U.S. President Donald Trump, has issued a warning to global banks about the impending necessity for cryptocurrency adoption. In an interview with CNBC’s Dan Murphy in Dubai on April 30, Trump boldly predicted that banks worldwide must adapt or risk complete extinction within the next decade. He criticized the current financial system, describing it as outdated, inefficient, and favoring the ultra-wealthy. This led him to embrace cryptocurrencies for their potential to disrupt traditional banking.