---
title: "Eric Trump Criticizes Traditional Banking, Advocates for Cryptocurrency"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286496260.md"
description: "Eric Trump, at the Consensus conference, criticized traditional banking, claiming his family is the 'most debanked family in the world.' He condemned banks for low interest rates and advocated for cryptocurrency as a decentralized store of value to lower intermediary fees."
datetime: "2026-05-15T02:15:33.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286496260.md)
  - [en](https://longbridge.com/en/news/286496260.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286496260.md)
---

# Eric Trump Criticizes Traditional Banking, Advocates for Cryptocurrency

Eric Trump, speaking at the Consensus conference, claimed that his family has been comprehensively banned from the traditional banking sector, describing them as the "most debanked family in the world." According to NS3.AI, Trump criticized banks for offering depositors only 10 basis points in interest while maintaining a 4% spread. He argued that cryptocurrency could serve as a decentralized store of value and help reduce intermediary fees.

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