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- Eric Trump reveals he holds SUI alongside different high cryptocurrencies.
- Trump’s SUI possession shocked many crypto group members.
- The professional-crypto persona criticized the SEC for mismanaging crypto regulation.
Eric Trump, the pro-crypto son of the incoming President of the USA, has revealed that SUI is likely one of the cryptocurrencies he holds. In a latest interview, Eric famous that he holds 4 cryptocurrencies in his portfolio, together with Bitcoin, Ethereum, Solana, and SUI. Whereas The opposite three cryptos are extra family names, Eric’s SUI possession shocked many crypto group members.
In the meantime, Eric, who serves because the Trump group’s vice chairman, mentioned plans to work along with his father to make America a worldwide hub for cryptocurrencies. His Bitcoin possession didn’t shock most crypto group members, contemplating his bullish sentiment for the pioneer cryptocurrency over time.
Eric’s enthusiasm for Bitcoin is clear from his daring prediction in the course of the Bitcoin MENA Convention in Abu Dhabi final 12 months, the place he forecasted Bitcoin’s value reaching $1 million. This sentiment aligns with the pro-Bitcoin stance of his father, the incoming President, who plans to determine a nationwide Bitcoin reserve to solidify America’s dominance within the cryptocurrency house.
Associated: Donald Trump Envisions America Changing into the World’s Crypto Capital
Criticism of SEC’s Method to Crypto Regulation
Moreover disclosing his crypto holdings, Eric Trump criticized the SEC’s actions below Gary Gensler, stating that the Fee launched a “holy warfare” in opposition to the cryptocurrency sector with the assist of President Joe Biden. Many crypto supporters agree with Eric’s place on the SEC and Gensler, with U.S. Congressman Michael John Flood lately noting that the SEC, below Gensler, carried out poor crypto regulation that regressed the nation’s technological innovation by 20 years.
Regardless of his criticism of the SEC and the setback within the crypto sector, Eric stays assured of his father’s skill to overtake the crypto business and set America on the best technological path. The Trump group’s vice chairman famous that his father will make amends and repair the injury the outgoing administration has inflicted on the crypto business. Eric mentioned his father plans to make America the crypto capital of the world via a clear course of.
Associated: Trump’s Bitcoin Plans Might Make U.S. a World Crypto Chief
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