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Trump's son calls South Korean crypto ownership limits 'unimaginable in the US'

February 12, 2026, 2:23 AM
Eric Trump, the second son of U.S. President Donald Trump, has reportedly described South Korea's ongoing debate over limiting major shareholder stakes in cryptocurrency exchanges as "unimaginable in the United States." Money Today Broadcasting (MTN) reported the comments, citing Min Byoung-dug, a lawmaker with the ruling Democratic Party, who attended a dinner with Trump in Seoul on Feb. 9. According to Min, the topic of ownership limits came up during the dinner. He said Trump reacted with disbelief, questioning how such restrictions could be imposed and noting that it is not something done in the U.S., conveying that he found the idea nonsensical.

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