PANews reported on December 9 that according to CNBC, Eric Trump, executive vice president of the Trump Organization (Trump's second son), said in an interview in Abu Dhabi that through "reasonable" regulation, the United States has the potential to become a global cryptocurrency superpower. He revealed that President-elect Trump plans to make the United States a "global cryptocurrency capital" during his term and fully support the future development of decentralized finance (DeFi).
Eric Trump pointed out that the current banking system is outdated and that cryptocurrencies will be far ahead of traditional finance. He stressed that the industry needs clear regulatory guidance and that the Trump administration will develop a transparent roadmap, striving to lead the world with the United States as a model. Eric Trump also mentioned that Elon Musk will play an important role in the Trump administration, helping to cut government spending, simplify regulation and promote innovation.