The Trump family and allies are taking center stage at the Bitcoin MENA conference in Abu Dhabi, the Gulf's premier crypto event, as the digital currency industry revels in record-breaking highs. The conference, drawing over 6,000 attendees, marks a pivotal moment for the crypto sector as President-elect Donald Trump pledges to position the U.S. as the global crypto hub.
Key Highlights from the Event:
Eric Trump's Keynote Address: President-elect Trump's son, Eric, will headline the conference, delivering a keynote speech on Tuesday and engaging in a "whale-only" VIP discussion for high-net-worth investors.
World Liberty Financial’s Growing Influence: Co-founded by the Trump family, World Liberty Financial (WLF) is gaining traction as a major crypto platform. Donald Trump, the platform’s chief advocate, holds 22.5 billion WLF tokens and a share of its revenues.
Elite Speakers:
Steve Witkoff: Billionaire and Middle East envoy, co-founder of WLF, will speak to VIP investors.
Justin Sun: Founder of Tron and the largest WLF token investor with a $30 million stake.
Changpeng Zhao (CZ): Binance founder, will join a whale session despite recent legal controversies.
Paul Manafort: Trump’s 2016 campaign manager, will share insights on his political journey with Trump.
Crypto and Politics Converge:
President-elect Trump has promised to make America the "crypto capital of the planet," energizing the industry. Bitcoin recently shattered records, hitting an all-time high of $100,000. His administration is actively assembling a pro-crypto team, including AI and crypto czar David Sacks, a former PayPal executive.
Elon Musk, a key Trump ally and mega-donor, has also thrown significant weight behind the industry. Musk’s influence, alongside millions in donations from digital asset veterans, underscores the growing ties between crypto and U.S. politics.
Market Impact:
The Gulf conference showcases the booming confidence in digital assets as global players gather to strategize the future of crypto. With Donald Trump’s backing and promises to foster a crypto-friendly environment, industry leaders are eyeing major opportunities in this unprecedented era of collaboration between politics and blockchain.
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