Eric Trump Accuses Banks of Targeting Crypto and Stablecoins
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Eric Trump, son of Donald Trump and co-founder of the crypto venture World Liberty Financial, has intensified criticism of traditional banks as debates over US crypto legislation continue. In a post on X, Eric Trump claimed banks were “desperately targeting” cryptocurrencies and stablecoins while lawmakers struggle to move forward with new market-structure rules.
His remarks echoed a message from the US president earlier the same day, suggesting that banks are holding key legislation back. The comments come as policymakers, banks, and crypto firms clash over how stablecoins should be regulated and whether the industry should be allowed to offer reward programs tied to these digital assets.