9th September 2025 – (Seoul) Eric Trump, son of U.S. President Donald Trump, has presented an optimistic view on cryptocurrency during his virtual appearance at the Upbit D Conference (UDC) 2025.
In his address, Trump described cryptocurrency as a financial revolution, asserting that it provides a superior alternative to traditional financial systems. He commended South Korea for its proactive stance on crypto adoption, ranking it second only to the United States in this regard. Trump cautioned that countries slow to embrace digital assets risk falling behind in the global financial and artificial intelligence landscape.
During the event, he emphasised that digital assets are poised to transform the global financial system, with South Korea positioned to lead the way, as reported by the Korea Times.
“Cryptocurrency opens up a whole new world,” Trump stated via teleconference. “I realised this through the weaponisation of government here in the United States and by engaging with brilliant individuals aiming to innovate the digital asset space.”
Speaking at the annual event hosted by Korean exchange Dunamu, Trump praised the rapid advancements in cryptocurrency. He argued that digital assets offer a faster, cheaper, and more transparent alternative to the “antiquated” traditional finance model.
“I believe there’s nothing in finance that cannot be improved — better, cheaper, faster, safer, and more transparently — through this crypto revolution,” he declared. He positioned Bitcoin as the defining asset of this generation, highlighting its potential to grant financial freedom to individuals, particularly in regions plagued by inflation, corruption, and limited banking access.
Trump also made a bold prediction regarding the geopolitical race for digital dominance, asserting, “Europe is going to lose the crypto race, and they’re going to lose the AI race,” attributing this to “poor policies.” He warned that nations hesitant to adopt digital assets risk becoming obsolete.
He noted South Korea’s significant market engagement, stating it is second only to the US in terms of enthusiasm and infrastructure for cryptocurrency. “Korea is leading the way in Asia,” he remarked. “There is so much passion and commitment to the digital space here; it’s among the largest in the world.”
The Trump family intends to maintain an active presence in Korea, both in the digital asset sector and real estate.
These comments come amid reports that the Trump family’s crypto-related ventures, World Liberty Financial and American Bitcoin Corp, have seen substantial increases in value, adding approximately $1.3 billion to their wealth in recent weeks. World Liberty Financial contributed $670 million, while Eric Trump’s stake in ABTC, which he co-founded, has been valued at over $500 million following its public listing.
At the recent Bitcoin 2025 Asia conference in Hong Kong, Eric Trump predicted that Bitcoin could ultimately reach $1 million, stating, “Everyone is eager to buy Bitcoin. That’s why I’ve always maintained that Bitcoin will hit $1 million — there’s no doubt about it.”
