According to Eric Trump, the second son of the US President of the US President Donald Trump, the race around the world for Bitcoins accumulates. Speaking at the cryptographic conference in Toronto on May 15, Trump said that from families to government funds “everyone in the world is trying to collect Bitcoin now.”
Notes appeared during the panel in Conszensus 2025. Sharing the stage from Asher Genoot, general director of the company Mining Hut 8, Trump, said that Bitcoin adoption was amazing.
“I travel. I’m on a plane. Everyone in the world is now trying to accumulate bitcoins. Everyone. I hear it from sovereign funds of wealth. I hear it from the richest families. I hear from the largest companies.”
Trump described what he considers “two races in Bitcoin”: the accumulation race – currently led by Michael Saylor, he says – and the mining race, which means his own commitment to the space of cryptocurrencies.
The third child of President Trump is a co -founder of the American Bitcoin, a subsidiary of Hut8. On May 12, the companies announced that American Bitcoin would merge with Gryphon Digital Mining in a reserve transaction, which will cause a public list of NASDAQ.
Related: Bitcoin Bulls strive for the up-to-date highest all time until the next week, when the inflows of capital increases
Trump Crypto Ventures causes consternation of democrats
The size of Trump’s family cryptocurrencies has increased significantly in a few years, from non -financial collections of tokens and mining after Memecoins and Stablelecoin. Critics say that the projects constitute conflicts of interest and open the door to potential corruption.
At various times, Democrats called for research on Trump’s cryptographic activities, the proposed provisions aimed at limiting potential financial benefits by Trump’s family of Memecoins and came out of a joint interrogation about digital assets, citing concerns about the lack of discussion about the involvement of the president in the space of cryptocurrency.
The Democrats Senate withdrew their support for the Bilateral Act Stablecoin in the continuous control of the presidential cryptocurrencies, although the second voting session may take place on May 26.
Warehouse: Trump’s crypto projects raise a conflict of interest, a question about trade in confidential information
