#cryptocurreny Eric Trump, executive vice president of the Trump Organization and son of U.S. President Donald Trump, has issued a stark warning to global banks about the necessity of adopting cryptocurrency. In an interview with CNBC's Dan Murphy in Dubai on April 30, Trump predicted that banks worldwide must embrace cryptocurrency or face extinction within a decade. He criticized the current financial system as broken, slow, and costly, arguing that it disproportionately benefits the ultra-wealthy. This, he claimed, drove him towards the crypto world. Trump cautioned that if banks fail to heed the changes brought by cryptocurrency, they risk becoming obsolete within ten years.