Trump to Meet With Coinbase Founder Brian Armstrong

Trump to Meet With Coinbase Founder Brian Armstrong
фото показано с : bravenewcoin.com

2024-11-20 19:35

This meeting, reported by The Wall Street Journal, is expected to focus on personnel appointments within the forthcoming administration, particularly concerning roles that will influence cryptocurrency policy.

Armstrong’s engagement with the incoming administration aligns with Trump’s campaign promises to foster a crypto-friendly environment. During the Bitcoin 2024 conference in Nashville, Trump pledged to establish a “Bitcoin and crypto presidential advisory council” within his first 100 days in office. This council aims to develop transparent regulatory guidance to benefit the entire industry.

Source: X

The potential collaboration between Armstrong and the Trump administration marks a notable shift in Coinbase’s political engagement. In 2020, Armstrong declared that Coinbase would refrain from supporting causes or candidates unrelated to its mission to avoid distractions. However, following regulatory challenges, including a Wells notice and subsequent lawsuit from the Securities and Exchange Commission (SEC) alleging the offering of unregistered securities, Armstrong’s stance evolved. He began advocating for the election of pro-crypto candidates to achieve regulatory clarity.

Coinbase’s Political Shift

Coinbase has actively supported political action committees (PACs) favoring crypto-friendly policies. The exchange and Armstrong contributed approximately $46 million to the Fairshake PAC to back 2024 candidates supportive of cryptocurrency initiatives, many of whom secured their races. Additionally, Coinbase has committed $25 million to the PAC for the 2026 midterm elections to continue promoting pro-crypto candidates. The company also promoted Stand With Crypto to get out the crypto vote.

Source: Stand With Crypto

Trump’s pro-crypto stance includes plans to create a strategic national Bitcoin stockpile and appoint industry-friendly regulators. He has also expressed intentions to replace SEC Chair Gary Gensler, whom he criticized for the current administration’s regulatory approach toward cryptocurrencies.

The outgoing Gary Gensler: Source Wikipedia

The upcoming meeting between Trump and Armstrong could significantly influence the regulatory landscape for cryptocurrencies in the United States. As the industry anticipates more favorable policies, this collaboration may pave the way for increased innovation and adoption of digital assets nationwide.

 

Similar to Notcoin - Blum - Airdrops In 2024

origin »

CoinMeet (MEET) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: -3.49 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 MEET

brian trump coinbase armstrong meet united states

brian trump → Результатов: 20


Фото:

Andreessen Horowitz (a16z) calls Donald Trump reelection ‘significant’ for US crypto industry

Venture capital firm Andreessen Horowitz (a16z) views Donald Trump‘s reelection as a significant catalyst for the US crypto industry. In a Nov. 11 post, firm leaders Miles Jennings, Brian Quintenz, and Michele Korver shared their optimism that this political shift could bolster bipartisan efforts and open doors for US-led crypto innovation on a global scale.

2024-11-11 14:10


Глава Coinbase: «антикриптовалютная позиция — билет на пенсию для политиков»

Брайан Армстронг (Brian Armstrong) празднует победу криптовалютного лобби в американской политике. Глава Coinbase с нескрываемым удовольствием комментирует результаты выборов в США, где республиканец Дональд Трамп (Donald Trump) одержал победу, а прокриптовалютный сенатор Берни Морено (Bernie Moreno) обошел демократа Шеррода Брауна (Sherrod Brown) в Огайо.

2024-11-7 11:51


Дональд Трамп пообещал быть защитником майнинга биткоина

Кандидат в президенты США Дональд Трамп (Donald Trump) встретился с представителями индустрии майнинга биткоина и пообещал защитить эту отрасль как внутри страны, так и на международном уровне. Среди присутствующих были Мэтью Шульц (Matthew Schultz) из CleanSpark, Джейсон Лес (Jason Les) и Брайан Моргенштерн (Brian Morgenstern) из Riot Platforms, Салман Хан (Salman Khan) из Marathon Digital… Сообщение Дональд Трамп пообещал быть защитником майнинга биткоина появились сначала на Hash Telegraph.

2024-6-13 14:03


Is Bakkt CEO Being Snubbed As Georgia Senator Due To President Trump’s Anti-Bitcoin Stance?

The Atlanta Journal-Constitution reports that President Trump wants Brian Kemp, Georgia’s governor, to appoint US House Representative Doug Colling as Senator. While Loeffler already filed her application to become Georgia’s Republican Senator on Monday, it’s believed that Kemp is the one who has to make the decision on who’s going to fill in the position. […]

2019-11-23 22:48