U.S. can become crypto superpower with sensible regulation: Eric Trump
A set of “sensible” regulatory guidelines can help make the U.S. a cryptocurrency superpower, according to Eric Trump, executive vice president of the Trump organization and son of president-elect Donald Trump.
Speaking to CNBC’s Dan Murphy in Abu Dhabi, United Arab Emirates, Eric Trump said Monday that he’d been a “big fan of crypto for a long time” and his father intends to “make America the crypto capital of the world” on his return to the White House.
His comments come shortly after the price of bitcoin, the world’s largest cryptocurrency, climbed above $100,000 for the first time.
The highly anticipated milestone was hailed as a landmark moment for digital assets, with investors increasingly confident the new U.S. administration will…