Crypto Whales Get Nod From Eric Trump That Party’s Just Starting

Eric Trump stepped before a standing-room-only crowd at a Bitcoin conference in Abu Dhabi, ready to evangelize cryptocurrencies to the already converted. He had a welcome message to share: His father, president-elect Donald Trump, would transform the US into “the crypto capital of the world.”

Fans jostled for selfies as he sidled off to an exclusive chat reserved for high-roller “whales.” In an interview on the sidelines, the younger Trump — who alongside his father promotes a virtual token project called World Liberty Financial — ran through a well-trodden list of crypto’s virtues: It can be traded any time (check); it cuts out sclerotic banks (check); it has been unfairly curbed by regulators who “waged war” on the industry (check).