Eric Trump and CZ Discuss Bitcoin Policy at Hong Kong Conference

Eric Trump and Changpeng Zhao headlined the Bitcoin Asia conference in Hong Kong on August 29, 2025, discussing Bitcoin policy and praising China’s involvement in the crypto industry.

The event underscores growing institutional interest in cryptocurrency, impacting market optimism with Bitcoin reaching new highs amidst positive legislative momentum in the U.S. and Hong Kong.

Eric Trump Predicts $1 Million Bitcoin Value

Eric Trump, Executive Vice President at the Trump Organization, praised China and Hong Kong’s roles in cryptocurrency. He also predicted Bitcoin’s value could rise to US$1 million. Trump advocates for U.S. crypto policy changes due to family’s “debanking” struggles.

“There is no question that China is a hell of a power when it comes to this.” – Eric Trump, Executive Vice President, Trump Organization

Trump highlighted American Bitcoin project partnership with Hut 8. CZ emphasized China’s influential role in crypto, noting U.S. regulatory precedents. These commitments enhance global crypto adoption.

U.S.-China Crypto Policy Shifts Emerge

The conference spurred significant regulatory interest, indicating a possible U.S.-China crypto policy shift. Market responses have been optimistic, with Bitcoin reaching a new all-time high of $124,000.

Under the Trump administration, the U.S. proposed a national Bitcoin reserve, aiming to legitimize cryptocurrency transactions. Institutional entities exhibit heightened interest, potentially mapping new growth trajectories.

U.S. SEC’s ETF Approvals and Crypto Volatility

China has oscillated between bans and adoption, influencing global crypto landscapes. Regulatory shifts like the U.S. SEC’s ETF approvals reflect historical volatility cycles.

Past precedents demonstrate legislative evolutions could prompt further crypto adoption. Eric Trump’s forecast and policy suggestions align with broad market optimism and potential asset growth.