Key figures in Donald Trump’s cryptocurrency venture are flocking to Abu Dhabi for the largest bitcoin conference in the Gulf. Trump’s son Eric and billionaire Steve Witkoff, the new White House envoy for the Middle East, will headline the event. World Liberty Financial, co-founded by Trump, is gaining attention with Trump himself as its chief advocate. Eric Trump will deliver the keynote address at the Bitcoin MENA conference, which is expected to draw over 6,000 attendees.
As the digital currency hits record highs, the event marks a significant inflection point for the industry, with Trump vowing to become the “crypto president” and position the U.S. as the new “crypto capital of the world.” The conference highlights the growing influence of crypto in the political arena, with Justin Sun, founder of blockchain platform Tron, emerging as the venture’s largest investor.
Other notable speakers include Trump’s 2016 campaign manager, Paul Manafort, who will discuss “A Life of Politics with the Man Closest to Donald Trump,” and Changpeng Zhao, the founder of Binance, who will hold a “whale session” despite his legal troubles this year.
Trump’s embrace of cryptocurrencies marks a shift from his previous skepticism, with a White House czar for artificial intelligence and cryptocurrencies now appointed. This includes former PayPal executive David Sacks, a close ally of Trump adviser Elon Musk. With Bitcoin smashing records at $100,000, the conference underscores the transformative power of digital assets in today’s financial landscape.
As the cryptocurrency sector grows, the Trump family’s involvement in World Liberty Financial and their influence at the Gulf gathering signals a new chapter in American politics and business.