Eric Trump said that the new administration led by his father will create transparent and sensible regulation for the crypto industry.
Global banking systems are antiquated and it’s only a matter of time before crypto and blockchain tech surpass them, said Eric Trump, an American businessman and the second son of Donald Trump.
In a Dec. 9 interview with CNBC’s Dan Murphy in Abu Dhabi, ahead of his keynote speech at the Bitcoin Conference, the third-oldest child of US President-elect Donald Trump said blockchain tech can perform all of the functions of modern banking systems but better.
“If you live in America, you want to go out and get a home loan takes you 90 days, how the hell does it take you 90 days to get a home loan, by then, by the way, the house is already sold, you know your dream is gone,” he said.
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