Banks pushing back, but the industry is bullish

Trump’s warning comes amid many global banks still pushing back against cryptocurrency adoption, with the Bank of Italy slamming stablecoin growth and Bitcoin (BTC) investments.

On the other hand, many industry executives are bullish on crypto adoption by banks already in 2025, amid governments like the US pushing a more crypto-friendly agenda.

Trump’s new prediction comes in line with his previous bold forecasts on crypto. In December 2024, Eric Trump predicted that Bitcoin would inevitably hit $1 million per coin, while global governments and institutions would have to adopt the cryptocurrency to compete in the fast-growing market.

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