Blockonomi 19 Nov 2024

Trump to Meet Coinbase CEO Armstrong: Discussing Key Appointments and Crypto Policy 🤝

SEC Brian Armstrong Donald Trump Bitcoin Coinbase

Former President Donald Trump and Coinbase CEO Brian Armstrong are set to have a private meeting to discuss crucial appointments related to cryptocurrency policy.

Armstrong, who has a history of political contributions, notably donated $49 million to the crypto-focused PAC, Fairshake.

Trump's agenda includes the establishment of a Bitcoin and crypto presidential advisory council within the first 100 days of being elected, highlighting his attention towards cryptocurrency innovation.

Armstrong's public support for Hester Peirce as the potential SEC chair reflects a strategic angle to influence regulatory direction.

Additionally, Coinbase has already committed $25 million, showcasing the company's proactive approach to the evolving crypto landscape.

Source: blockonomi.com ↗

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