Source: Financial Associated Press

Eric Trump, the second son of US President-elect Trump, said that a set of "reasonable" regulatory guidelines can help the United States become Cryptocurrency superpower.

On Monday (October 9) local time, Eric said in an interview with the media in Abu Dhabi, United Arab Emirates that he has been a loyal fan of cryptocurrency for a long time and that his father plans to return to the White House. Post “Make America the Cryptocurrency Capital of the World.”

Recently, some investors have become increasingly convinced that new leaders in the United States will seek to consolidate the crypto industry’s position in financial markets, especially with Trump’s nomination of cryptocurrency supporter Paul Atkins. ) serves as Chairman of the U.S. Securities and Exchange Commission (SEC).

This decision directly "detonated" the Bitcoin market. According to Bitstamp quotes, the price of Bitcoin once rebounded back above the US$100,000 mark during the day, and now it has fallen back to around US$98,000. Since the beginning of the year, Bitcoin has risen by more than 137%.

Eric said: "The modern banking system is obsolete. It's only a matter of time before cryptocurrencies not only catch up, but break through. So we're very excited on many fronts."

< p> “I think America will be the crypto of the world Money Capital. I'm all for it. You know, our family is fully embracing it... We believe this is the way of the future." The term “DeFi” refers to decentralized finance. "Again, you know, America better lead the way, or we're going to be way behind."

Trump times son Eric, Trump, and Trump’s eldest son Donald Jr.

When asked whether Trump is considering taking regulatory measures or deregulating measures in the encryption field, and these potential When asked about what that would look like in practice, Eric responded: "It seems transparent. That's what it is."

"People in the crypto industry are frustrated that there has never been any guidance on how to regulate the industry." Make a sound plan. We will have a clear roadmap and hope that the rest of the world will follow suit."

Talking about Musk, Eric will. The world's richest man likened him to a "modern-day Einstein" and said he would play an important role in shaping the White House's future agenda. Previously, Musk was appointed by Trump to co-lead the proposed "Department of Efficiency."

“I think we want to see efficiency, we want to see a productive society, we want to see real innovation again. We want to see big business no longer being held back, allowing business to thrive and capital to doctrine works."

"Unfortunately, the United States has not returned to this state in the past four years."