Inside Trump’s Crypto Meeting With Coinbase CEO: What Was Discussed On Monday?

2024-11-20 00:22

On Monday, Bitcoinist reported that President-elect Donald Trump was scheduled to have a private meeting with Brian Armstrong, the CEO of US-based crypto exchange Coinbase, expected to influence the landscape of cryptocurrency regulation in the United States.

Coinbase CEO Discusses Crypto Landscape With Trump

Fortune confirmed on Tuesday that the discussion took place over a phone call, not a private meeting as originally reported. During the call, Armstrong, whose company has invested nearly $50 million in supporting pro-crypto candidates – including Trump – discussed broader issues surrounding crypto rather than specific appointments. 

There are also unverified reports circulating on social media that another prominent figure in the space, Brad Garlinghouse, CEO of Ripple Labs, has had direct access to Trump. However, Ripple’s spokesperson has stated that the company does not discuss private conversations.

According to sources familiar with the Trump-Armstrong call, the crypto industry is primarily focused on potential appointments to lead two key financial regulatory agencies: the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).

Key Appointments At SEC And CFTC

“The SEC is where all the damage is being carried out,” said the source, whom Fortune identified as a prominent figure in Washington, D.C., referring to the numerous lawsuits brought by SEC Chairman Gary Gensler. 

With Gensler expected to leave by the end of the year, there is uncertainty regarding whether the agency will promptly dismiss many cases not directly related to fraud. The source indicated that an interim chair might be less inclined to take such action.

The CFTC could see an expanded role in overseeing digital assets if legislative changes occur that transfer some of the SEC’s regulatory powers to the commodities regulator. 

According to Fortune, among the potential candidates to lead the CFTC are Summer Mersinger, a current commissioner, and Josh Sterling, a lawyer at Milbank who has frequently represented cases in the industry.

Featured image from DALL-E, chart from TradingView.com

Similar to Notcoin - Blum - Airdrops In 2024

origin »

TrumpCoin (TRUMP) на Currencies.ru

$ 0.0093482 (-1.82%)
Объем 24H $0
Изменеия 24h: 8.36 %, 7d: 6.82 %
Cегодня L: $0.0093482 - H: $0.0093482
Капитализация $61.739k Rank 2306
Доступно / Всего 6.604m TRUMP

monday ceo crypto meeting coinbase trump expected

Источник: bitcoinist.com

monday ceo → Результатов: 126


FTX продаст следующий транш заблокированных SOL на аукционе

Менеджмент FTX избавится от новой порции принадлежащих обанкротившейся бирже Solana (SOL) в форме аукциона после критики кредиторов. Об этом заявил CEO Figure Markets Майк Кагни. Just got confirmation that the next round of locked #solana coins from the #FTX estate will be an auction, with exact details coming Monday.

2024-4-23 11:21


Фото:

Worldoin’s WLD Holds Steady as Microsoft Welcomes Sam Altman to AI Team

Former OpenAI CEO Sam Altman and co-founder Greg Brockman have found a new home at Microsoft, leading a groundbreaking advanced AI research team. The announcement comes in the wake of Altman’s recent departure from OpenAI last week, where the board dismissed him due to a loss of confidence in his leadership abilities. Earlier Monday, Microsoft […]

2023-11-21 15:01


Фото:

BlackRock Chief Says The Spot ETF Rumor-Induced Bitcoin Pump Signifies ‘Pent-Up Interest In Crypto’

BlackRock CEO Larry Fink shared his thoughts on the controversy that happened on Monday, which began with cryptocurrency media outlet Cointelegraph publishing the purported news of the U. S. Securities and Exchange Commission’s (SEC) approval of the asset manager’s much-awaited spot Bitcoin ETF.

2023-10-17 16:43


Opinion: Binance sued by SEC, an inevitable but ominous day for crypto

Key Takeaways The world’s biggest cryptocurrency exchange was sued by the SEC Monday Binance and its CEO Changpeng Zhao have fired back, denying any wrongdoing Our Head of Research, Dan Ashmore, looks into what it all means for crypto, and who is to blame In a development that surprises precisely nobody, the SEC is suing […] The post Opinion: Binance sued by SEC, an inevitable but ominous day for crypto appeared first on CoinJournal.

2023-6-7 15:38


Alameda, FTX Demand Grayscale To Unlock $9 Billion From BTC, ETH Trusts In New Lawsuit

Grayscale, the world’s largest Bitcoin fund, is being sued by Alameda and FTX on behalf of FTX’s debtors and affiliates. According to a press release issued by the FTX Debtors on Monday, claims have also been filed directly against Grayscale CEO Michael Sonnenshein and Digital Currency Group (DCG) CEO Barry Silbert. Grayscale is owned by […]

2023-3-7 13:30


Dogecoin Smokes Coinbase By $2 Billion In Market Cap – No Longer A ‘Silly’ Joke?

As Coinbase CEO Brian Armstrong bared plans on Monday to outline an actionable framework for achieving regulatory clarity in the cryptocurrency space, something came up that might require some of his attention: his crypto exchange has just been overtaken in the market value department by a token most people see as a joke. Dogecoin (DOGE) […]

2022-12-20 08:55


Фото:

The Arrest of Sam Bankman-Fried Only Marks The Start Of Expected Lengthy Legal Proceedings

Media is awash with the news that Sam Bankman-Fried (SBF), the former CEO of the collapsed FTX cryptocurrency exchange, was arrested by Bahamas law enforcement on Monday, Dec 12, 2022. Authorities and crypto investors are keenly following the developments of SBF’s arrest, with the ensuing legal proceedings expected to throw more light on what led […]

2022-12-14 22:08


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

White House To Get Its First-Ever Crypto Advisor? Trump Team Explores New Policy Position

According to a Bloomberg report, President-elect Donald Trump’s transition team is considering the establishment of a new White House position dedicated exclusively to crypto policy.  This development coincides with growing speculation about the inclusion of pro-crypto leaders in key positions within the new administration, as Trump’s advocacy for digital assets has been evident during his […]