Eric Trump posted this morning criticizing large banks for hindering the development of the cryptocurrency industry.

Odaily Planet Daily reports that Eric Trump, son of Donald Trump, posted on social media this morning stating, “Large banks,” which have long monopolized and harmed customer interests, are now charging high fees on low-balance accounts while offering near-zero returns on retail money market accounts. They are doing everything they can to prevent the cryptocurrency industry from offering genuine benefits, privileges, and rewards on their platforms.

Eric Trump said these banks are the biggest hypocrites and are in a panic because they know they are falling behind in the digital finance race. Traditional banking is trying to prevent the crypto industry from providing more valuable services to users.

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