Donald Trump is actively taking steps in the cryptocurrency space, including meetings with industry leaders and possible major deals.
New Cryptocurrency Policy Direction
Donald Trump and Coinbase CEO Brian Armstrong held a closed meeting following the elections to discuss future appointments in Trump's administration amidst growing interest in cryptocurrencies.
Personnel Changes and New Appointments
Restructuring efforts began well before the January 2025 inauguration. Trump appointed former SEC Chairman Jay Clayton to the U.S. Attorney's Office for the Southern District of New York, while Gary Gensler hinted at his resignation as SEC Chair.
Potential Bakkt Acquisition
Trump's company is in advanced talks to acquire the Bakkt cryptocurrency platform. The deal, if completed, could significantly enhance Trump's influence in the crypto market.
Overall, Donald Trump's actions signify his intent to actively integrate into the cryptocurrency world, influencing policy and business.
