Donald Trump plans to hold a private meeting with Brian Armstrong, Coinbase CEO, to discuss future staffing appointments.
Meeting with Coinbase CEO
President-elect Donald Trump is set to meet today with Brian Armstrong, CEO of the cryptocurrency exchange Coinbase. The private meeting will focus on potential staffing appointments for Trump's second administration and marks the first interaction between the two since Election Day.
Trump's Changing Approach to Cryptocurrencies
Trump's relationship with Armstrong indicates his evolving stance towards cryptocurrencies. Once a vocal crypto skeptic, Trump has now emerged as an industry advocate, signaling significant changes in his views on digital assets.
Crypto Advisory Council and Regulation
Earlier this year, during a speech at the annual Bitcoin conference, Trump pledged to establish a Presidential Advisory Council on Bitcoin and Crypto if elected. The council would focus on developing transparent regulatory guidelines that Trump said would foster innovation and provide clarity for the emerging industry.
Trump's meeting with Armstrong might indicate further development in cryptocurrency policies and advancement of regulation in this field.
