Donald Trump Jr. has publicly expressed strong support for the U.S. crypto industry, calling it a “multi-trillion-dollar opportunity” that the country must seize. In an interview with Bloomberg The Close, he stressed that the United States must become a global leader in crypto — not only for innovation, but also to secure tax revenues and economic stability.
💬 “We Didn’t Leave Banking — We Were Pushed Out”
Trump Jr. admitted that his personal involvement in crypto was driven more by necessity than by expertise.
“We didn’t get into crypto because we were experts. We got into it out of necessity — because we were debanked,” he explained.
This statement refers to earlier actions by banks distancing themselves from the Trump family, which, according to Trump Jr., pushed him toward decentralized finance.
💡 America Should Be at the Heart of the Crypto Revolution
Trump Jr. believes the U.S. must provide a regulatory framework that supports crypto innovation while ensuring capital remains domestic.
“Crypto will be the future of finance. People want to be in America. They want to invest here. They want stability — they just need some guidance,” he said.
He warned that without a clear and fair legal framework, crypto companies would move elsewhere — and the U.S. could lose out on enormous tax revenues and growth potential.
📜 Support for the GENIUS and CLARITY Acts
Trump Jr. voiced his support for the GENIUS Act and the Clarity Act, two key pieces of crypto legislation currently under debate in Congress. He emphasized that these proposals could make the U.S. the home of blockchain and digital finance innovation.
These bills include:
🔹 Full USD or liquid asset backing for stablecoins
🔹 Mandatory audits for issuers with large market caps
🔹 Clear regulatory jurisdiction between SEC and CFTC
🔹 Greater investor protection and transparency for digital asset providers
However, a procedural vote failed in the House of Representatives on Tuesday, delaying progress on these crypto bills during what's been dubbed Crypto Week. Thanks to a direct intervention by Donald Trump Sr., a revote is now scheduled, which could reopen the path for legislative approval in the coming days.
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