Donald Trump Jr., the eldest son of US President Donald Trump, revealed at the Bitcoin 2025 conference that he and his younger brother Eric pushed for a shift in his father's stance on cryptocurrencies after his family was blocked from banking services for political reasons.
Mr. Trump Jr. said the family business's post-2016 experience of "total blackouts" - disruptions to banking, insurance and other services - made it aware of the fragility of the traditional financial system. Although Mr. Trump called bitcoin a scam in 2021, he "quickly understood the technology" after the brothers explained it.
Trump's eldest son: The family has been blocked from banking services for political reasons, thus promoting Trump's stance on cryptocurrencies
2025-05-28 01:42:33
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