Eric Trump Attributes Bitcoin Adoption to ’Woke Cancel Culture’ at Token2049 Dubai
Eric Trump, executive vice president of the Trump Organization and son of former U.S. President Donald Trump, revealed at the Token2049 conference in Dubai that his family’s embrace of cryptocurrency stemmed from financial exclusion by traditional banks. "Some of the biggest banks in the world canceled our accounts," he stated, framing the shift as a response to institutional backlash during his father’s presidency.
The Trump family has since deepened its crypto involvement, including ventures like World Liberty Financial. While no specific coins were mentioned in his remarks, the narrative underscores growing institutional interest in digital assets as alternatives to legacy finance systems.