Eric Trump criticizes "big banks" for monopolizing the market and hindering the development of the cryptocurrency industry

Eric Trump, the second son of Donald Trump, stated on social media, "Those so-called 'big banks'—institutions that have long monopolized the market and exploited customers, paying almost no interest on retail money market accounts for years while charging high fees on low-balance accounts—are now doing everything they can to obstruct the crypto industry from providing real benefits, privileges, and rewards on their platforms.

They are in a state of collective panic because they know they are losing the competition in digital finance."