If banks don’t watch what’s coming, they’ll be extinct in ten years

From CNBC: 2025-04-30 01:46:00

Eric Trump warns banks to change or face extinction, criticizing slow, expensive traditional financial system. Advocates for crypto in UAE, praises blockchain capabilities. Predicts bitcoin at $1 million. Banks must adapt to growing DeFi platforms or risk obsolescence. Trump family deeply involved in crypto industry. UAE attracts global crypto investors.

Read more: If banks don’t watch what’s coming, they’ll be extinct in ten years