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Eric Trump Talks Up Bitcoin in Hong Kong as Officials Keep Their Distance

The visit spotlighted Hong Kong's bid to be a crypto hub despite official caution over political optics.

Overview

  • Eric Trump told a packed Bitcoin Asia crowd that bitcoin will reach $1 million and praised China as a major force in digital assets.
  • He promoted Trump-linked ventures, saying American Bitcoin plans a Nasdaq listing via a merger and is exploring deals in Asia, according to recent reports.
  • More than 17,000 tickets were issued for the two-day conference, which drew outsized attention to the Trump family's growing crypto push.
  • SFC executive director Eric Yip and legislator Johnny Ng were dropped from the speaker lineup after an advisory to avoid interacting with Trump was reported, with the issuer not disclosed.
  • The SFC cited a business trip for Yip and Ng cited family reasons, as Hong Kong advances new stablecoin rules and policy guidance while regulators warn against speculation.