- Eric Trump reveals he holds SUI together with different prime cryptocurrencies.
- Trump's possession of SUI shocked many members of the crypto group.
- The professional-crypto character criticized the SEC for mismanaging crypto regulation.
Eric Trump, the pro-crypto son of the incoming President of america, revealed that SUI is without doubt one of the cryptocurrencies he holds. In a latest interview, Eric famous that he holds 4 cryptocurrencies in his portfolio, together with Bitcoin, Ethereum, Solana, and SUI. Whereas the opposite three cryptocurrencies are extra family names, Eric's possession of SUI shocked many members of the crypto group.
In the meantime, Eric, who serves as vp of the Trump Group, mentioned plans to work along with his father to make America a world hub for cryptocurrencies. His possession of Bitcoin didn't come as a shock to most members of the crypto group, contemplating his bullishness on the pioneering cryptocurrency over time.
Eric's enthusiasm for Bitcoin is clear from his daring prediction in the course of the Bitcoin MENA convention in Abu Dhabi final 12 months, the place he predicted that the worth of Bitcoin would attain $1 million. This sentiment is in step with the pro-bitcoin stance of his father, the incoming president, who plans to create a nationwide bitcoin reserve to cement America's dominance within the cryptocurrency area.
Associated: Donald Trump envisions America turning into the crypto capital of the world
Criticism of the SEC's Method to Cryptocurrency Regulation
Along with the disclosure of his cryptocurrencies, Eric Trump criticized the SEC's actions beneath the management of Gary Gensler, saying that the Fee has launched a “holy conflict” in opposition to the cryptocurrency sector with the help of President Joe Biden. Many crypto supporters agree with Eric's stance on the SEC and Gensler, with US Congressman Michael John Flood not too long ago noting that the SEC beneath Gensler made poor crypto regulation that set the nation's tech innovation again 20 years.
Regardless of his criticism of the SEC and failure within the crypto sector, Eric stays assured that his father can overhaul the crypto business and set America on the correct technological path. The vp of the Trump Group famous that his father will repair and restore the harm the outgoing administration has executed to the crypto business. Eric stated his father plans to make America the crypto capital of the world by a clear course of.
Associated: Trump's Bitcoin Plans May Make Us World Cryptocurrency Chief
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