Eric Trump, son of pro-crypto US President-elect Donald Trump, has disclosed the top cryptocurrencies that he personally holds.
In a recent interview with Benzinga, Eric Trump revealed his cryptocurrency stash, which included Bitcoin and three altcoins. He also discussed plans to work closely with his father to make America a global crypto hub.
Eric Trump Holds Sui and Solana
Eric Trump, who serves as the Trump Organization’s vice president, mentioned crypto assets in his personal collection. As expected, he disclosed that he holds Bitcoin, an asset he has long been bullish on.
Recall that he mentioned in the Bitcoin MENA conference in Abu Dhabi last year that the pioneering cryptocurrency is going to $1 million per coin.
Meanwhile, in the recent interview, Trump revealed his exposure to three altcoins: Ethereum, Solana, and Sui. While Ethereum and Solana are household names in the crypto space, his inclusion of the Sui Network’s native token surprised the crypto community.
Eric Trump Criticizes Gary Gensler’s SEC
The president-elect’s son also criticized the operations of the US Securities and Exchange Commission (SEC) under Gary Gensler. Eric Trump insisted that the securities watchdog launched a “holy war” against the sector, a plight outgoing president Joe Biden fully supported.
Meanwhile, Eric Trump is not alone in his open criticism of Gensler’s SEC. US Congressman Michael John Flood recently said that the outgoing SEC chair has regressed America 20 years in technological innovation with his poor crypto regulation.
Donald Trump to the Rescue
However, Eric Trump noted that his father Donald Trump has come to make amends for the damage done to the crypto industry. He insisted that his father intends to make America the crypto capital of the world, and he will be “transparent about that.”
He outlined some of Trump’s plans for the sector, including establishing a clear regulatory framework for the industry. Eric Trump also noted that the president-elect wants to create a strategic Bitcoin reserve and make crypto tax-free.
The US strategic Bitcoin reserve idea is gaining momentum, with the industry lobbying with Trump to issue an executive order for its creation in his first 100 days in office. Trump would also reportedly repeal the Staff Accounting Bulletin (SAB) 121 law on his first day in office.
