"Trump Family Bombshell Reveal! Holding Large Amounts of Bitcoin, Betting on the Future of Cryptocurrency!"

At the TOKEN2049 conference held in Dubai, Eric Trump revealed that both he and his father, Donald Trump, own "large amounts of Bitcoin" and he is firmly optimistic about BTC's long-term potential as "digital gold." Although he did not disclose specific amounts, Eric emphasized that this investment is very important to them, signaling the Trump family's strong confidence in Bitcoin's future.

The Trump Family's Bet on Cryptocurrency

Donald Trump has consistently expressed public support for cryptocurrency, having stated multiple times his desire to compete financially with China through Bitcoin, and praising Bitcoin's resilience during downturns in the financial market. This year, Trump signed an executive order to include Bitcoin seized by the government into the U.S. cryptocurrency reserves, which not only avoided selling off but also laid the foundation for building cryptocurrency reserves.

Crypto Regulatory Reform Promotes Bitcoin Development

The Trump administration has not only promoted Bitcoin reserves through executive orders but also appointed Paul Atkins as the new chairman of the Securities and Exchange Commission (SEC), focusing on regulatory reforms that are favorable to the cryptocurrency industry, paving the way for Bitcoin's long-term development.

Cryptocurrency "Corruption" Controversy

However, the Trump family's cryptocurrency activities have not been without controversy, especially regarding their relationship with the crypto company World Liberty Financial. Following the promotion of the "GENIUS Act," the Trump family's stablecoin company rapidly expanded, becoming one of the largest stablecoin issuers globally. This move has attracted the attention of Senate Democrats, who introduced the "End Cryptocurrency Corruption Act" to investigate the financial gains of senior officials' families from cryptocurrency activities.