Odaily News At the ongoing ETH DENVER cryptocurrency industry summit, Donald Trump Jr., a member of the Trump family and co-founder of World Liberty Finance, expressed his views on the future of crypto regulation and decentralized finance (DeFi). He pointed out that the biggest challenge facing the US crypto industry is regulatory ambiguity, stressed the need to establish a clear regulatory framework to lead financial innovation, and called for financial democratization through technology.
Donald Jr. criticized the current regulatory policies of the US crypto industry as "almost predatory", believing that excessive intervention and opaque law enforcement have led to a large number of business outflows. He called on the US government to form a regulatory team that truly understands the crypto industry and formulate "reasonable and predictable" rules, rather than being led by decision makers who "don't understand technology".
In addition, Donald Jr. also elaborated on the mission of World Liberty Finance, which is to introduce traditional assets such as government bonds and real estate to the chain through blockchain technology to create high-liquidity, low-threshold financial services. The project has reached cooperation with well-known protocols such as Chiliz, Tron, and Ondo Finance, aiming to bridge the gap between traditional finance and DeFi.
Regarding the future of DeFi, Donald Jr. emphasized its "practical" breakthrough role and suggested that novices participate in it by "small entry and continuous learning". The vision of World Liberty Finance is to achieve financial democratization, provide ordinary people with accessible financial tools, and promise to make all operations transparent.
Odaily reporters are currently at ETH Denver and will bring more news later.