Eric Trump Warns Banks to Adopt Blockchain or Face Extinction

iconCCPress
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
Eric Trump, Executive VP of the Trump Organization, warned banks at Consensus 2025 that they risk extinction without embracing blockchain technology. He pointed to Bitcoin’s zero-fee, instant transfers as a major disruption to traditional finance. Banks must adopt blockchain technology to stay competitive and meet changing financial demands, he said.
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.