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Eric Trump Warns Banks: Embrace Crypto or Face Extinction Within a Decade

Eric Trump Warns Banks: Embrace Crypto or Face Extinction Within a Decade

Coindesk
Author:
Coindesk
Release Time:
2025-04-30 14:32:34
0

Banks Must Adopt Crypto or ’Be Extinct in 10 Years,’ Eric Trump Says

Traditional finance’s reckoning is here—and it’s wearing a blockchain nametag. Eric Trump drops the gloves with a stark ultimatum: banks must integrate cryptocurrency or risk becoming relics by 2035.

The threat isn’t hypothetical. Decentralized finance already claws $100B+ from legacy institutions—while Wall Street still charges $25 wire fees for 3-day settlements. Adapt or get digitized.

One hedge fund manager yawns: ’They’ll spend $10M on compliance consultants before buying one Bitcoin.’

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