Meeting Between CEO Coinbase and Trump
The CEO of Coinbase, Brian Armstrong, is set to meet with President-elect Donald Trump to discuss staffing decisions related to cryptocurrency policy. The meeting is expected to involve appointing individuals supportive of cryptocurrency to significant positions.
Key Personnel Appointments
Among those appointed by Trump are Robert F. Kennedy Jr. and Elon Musk. This clearly shows support for cryptocurrency regulatory reforms.
Plan for Bitcoin Advisory Council
The plan also includes creating a “Presidential Advisory Council on Bitcoin” within the first 100 days of the term. The goal is to bring clarity and coherence to regulations in the digital asset industry.
SEC Leadership Replacement
Trump intends to replace the current SEC chairman, Gary Gensler, who has been criticized for a stringent regulatory approach to cryptocurrencies. This might offer a more favorable environment for cryptocurrency projects in the U.S.
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