According to Mars Finance, on December 5th, CZ posted on the X platform that Binance Junior's concept is similar to Trump's "Trump Accounts," although the former is not yet available to US users. On December 3rd, Binance released Binance Junior, a cryptocurrency application for families, supporting the creation of cryptocurrency sub-accounts for children and teenagers aged 6 to 17 (or older, depending on local laws). These accounts feature parental controls, a user-friendly interface, and flexible savings accounts supporting long-term family wealth planning. Trump Accounts, introduced by President Donald Trump in the "Working Families Tax Cuts" bill to be signed in 2025, are new types of children's investment accounts designed to provide long-term savings and investment opportunities for American children, helping them accumulate wealth. These accounts are similar to a combination of Individual Retirement Accounts (IRAs) and 529 college savings plans, emphasizing tax advantages and flexible use.
CZ: Binance Junior's idea is similar to Trump's "Trump Accounts," but the former is not yet available to US users.
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