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.