Overview
- Eric Trump spoke at the Bitcoin Asia conference on August 29, praised Hong Kong and China’s role in crypto, and said he believes bitcoin could reach $1 million.
- Senior figures Eric Yip of the Securities and Futures Commission and legislator Johnny Ng were removed from the speaker lineup, with the SFC citing a business trip for Yip and Ng citing family issues.
- Two sources told the South China Morning Post that lawmakers were advised not to attend if Trump was present, though the origin of the instruction was not disclosed.
- The event drew more than 17,000 tickets and proceeded with a reshuffled program after organisers announced Trump as a headline speaker in July.
- Trump promoted American Bitcoin, saying a Nasdaq listing is coming “very soon,” as prior reporting said the company is pursuing acquisitions in Asia, while Hong Kong’s new stablecoin law took effect on August 1 as part of its broader crypto strategy.