Eric Trump asserts that modern banking systems are outdated and will be surpassed by crypto and blockchain technologies. Speaking with CNBC ahead of the Bitcoin Conference, he expressed frustration with the lengthy processes involved in securing home loans, highlighting that blockchain could accomplish these tasks more efficiently and at a lower cost. He also indicated that his father’s new administration aims to establish clear and sensible regulations for the crypto industry, suggesting that the U.S. should lead globally in this area. Eric emphasized the need for America to adapt to the global trend of embracing crypto, warning that the country risks being left behind if it does not take the initiative. He believes that transparent regulatory frameworks will benefit the U.S. economy, allowing it to become a leading force in the crypto space, akin to a 'crypto superpower.' Furthermore, he mentioned the anticipated role of Elon Musk in this new administration, envisioning a future of innovation driven by less governmental interference in business.

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