The Trump Organization is expanding its ventures into the cryptocurrency space, highlighted by its $1 billion Dubai tower project, which will accept crypto payments for luxury residences upon completion. This move signifies the Trump family's growing involvement in digital assets, encompassing NFTs, meme coins, advisory roles, and crypto advocacy. Simultaneously, President Trump is advocating for crypto-friendly regulations in the United States.

Eric Trump, the president's son, praised Dubai as a global destination and a safe haven for investment, emphasizing its emergence as a central hub attracting interest from Europe, Asia, and Africa. The Trump International Hotel and Tower, a partnership with Damac Properties, will feature a branded hotel, luxury residences, a private clubhouse, and the world’s highest pool. The project is expected to be completed in approximately five years, with apartment prices ranging from $1 million to $1.3 million for three- and four-bedroom units, and $20.4 million for penthouses.

Despite Dubai's efforts to position itself as a crypto hub, its property sector has faced scrutiny for opacity and its potential role in facilitating illicit financial activities. Reports suggest that criminals and sanctioned individuals have used Dubai real estate to hide money, with secrecy measures shielding offenders involved in money laundering, drug trafficking, and organized crime.

The Trump family's involvement in crypto has evolved from branded NFTs to a diverse portfolio that includes meme coins, digital asset projects, collaborations with crypto companies, and endorsements of the sector. They are also exploring integrating crypto into their social media platform, Truth Social. High-tier investors are offered exclusive access to events, including dinners with President Trump. Eric Trump has taken on an advisory role with Metaplanet, a Japan-based firm, citing his business acumen and appreciation for the Bitcoin community. He is scheduled to speak at Token2049 in Dubai, hosted by crypto investor Justin Sun.

Other news outlets report on Eric Trump's warning to banks, stating that they must adapt to the changing financial landscape or risk becoming obsolete. Additionally, attention is drawn to Gavin Kliger's involvement in dismantling the Consumer Financial Protection Bureau while holding stock in companies that could benefit from the cuts.