Eric Trump Says 'Big Banks' Doing Everything They Can To Stop Crypto Legislation For 'Obvious' Reasons: 'The Entire Financial System Is Changing' [Yahoo! Finance]
American Bitcoin Corp. - Class A (ABTC)
Company Research
Source: Yahoo! Finance
Eric Trump said major U.S. banks are actively resisting cryptocurrency legislation because it threatens what he described as a long-standing monopoly over the financial system. The son of President Donald Trump and the co-founder of American Bitcoin Corp. (NASDAQ: ABTC ) and World Liberty Financial (CRYPTO: WLFI) argued that legacy banks benefit from inefficiencies built into traditional finance and have little incentive to support faster, technology-driven alternatives, while speaking to Fox Business from Davos on Thursday. “The big banks have been an absolute monopoly of our financial system for years,” he said, while pointing to inefficiencies in the current system. “Why can't you send a wire transfer past 5 o'clock on a Friday afternoon?” he asked. Don't Miss: Security and regulation matter in crypto — explore Kraken Pro's compliance-first trading platform. Fast Company Calls It a ‘Groundbreaking Step for the Creator Economy' — Investors Can Still Get In at $0.85/Share
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ABTC
News
- Eric Trump Says American Bitcoin Is 'Leading The Charge' In BTC Accumulation — But Company's Stock Has Cratered 75% Since Debut [Yahoo! Finance]Yahoo! Finance
- Is American Bitcoin Corp (ABTC) One of the Best Penny Stocks to Buy for 2026? [Yahoo! Finance]Yahoo! Finance
- Eric Trump Touts 'Disciplined Accumulation, Relentless Execution' As American Bitcoin Buys More BTC: 'Best Is Yet To Come' [Yahoo! Finance]Yahoo! Finance
- American Bitcoin (ABTC) Soars 13.5% as Firm Boosts Crypto Bet [Yahoo! Finance]Yahoo! Finance
- Hut 8's AI data center deal is bigger than meets the eye: Benchmark lifts price target to $85 [Yahoo! Finance]Yahoo! Finance
ABTC
Sec Filings
- 1/2/26 - Form 4
- 1/2/26 - Form 4
- 12/23/25 - Form 4
- ABTC's page on the SEC website