{"id":23191,"date":"2024-11-18T21:23:13","date_gmt":"2024-11-18T21:23:13","guid":{"rendered":"https:\/\/www.bitrabo.com\/discover\/?p=23191"},"modified":"2024-11-18T21:23:13","modified_gmt":"2024-11-18T21:23:13","slug":"inside-trumps-closed-door-talks-with-coinbases-brian-armstrong-whats-at-stake","status":"publish","type":"post","link":"https:\/\/www.bitrabo.com\/discover\/inside-trumps-closed-door-talks-with-coinbases-brian-armstrong-whats-at-stake\/","title":{"rendered":"Inside Trump’s Closed-Door Talks with Coinbase’s Brian Armstrong: What’s at Stake?"},"content":{"rendered":"\n

President-elect Donald Trump is set to meet with Brian Armstrong, the CEO of Coinbase, on Monday for their first discussion since the election on November 5th.<\/p>\n

As reported by the Wall Street Journal<\/a>, the focus of their conversation will likely be appointments for Trump\u2019s new administration.<\/p>\n

Trump\u2019s Crypto Agenda<\/h2>\n

Trump\u2019s approach to cryptocurrency is a prominent part of his leadership strategy as he finalizes his cabinet. His views on the subject were highlighted during his campaign.<\/p>\n

One of his commitments includes establishing a presidential advisory council dedicated to cryptocurrency, as announced during the National Bitcoin Conference in Nashville this year.<\/p>\n

Additionally, Trump has suggested the potential dismissal of Gary Gensler, the current SEC chair, believing that such a change could pave the way for a more favorable regulatory environment for cryptocurrencies, fostering greater adoption and new investment opportunities.<\/p>\n

Investor speculation has been rising regarding Gensler\u2019s potential resignation soon.<\/p>\n

<\/span>Pro-Crypto Appointments in Focus<\/span><\/h2>\n

Armstrong has indicated his support for pro-crypto officials, endorsing Hester Peirce from the SEC as a strong choice for chair under Trump.<\/p>\n

They may also discuss Howard Lutnick, a pro-Bitcoin figure and chairman of Cantor Fitzgerald, who has been mentioned as a candidate for Treasury Secretary.<\/p>\n

The outcomes of the meeting between Trump and Armstrong could greatly impact the regulatory framework for cryptocurrency in the U.S.<\/p>\n

Trump\u2019s actions reflect his commitment to his promises, aiming to position the U.S. as the \u201ccrypto capital of the world\u201d while considering key industry stakeholders in his decision-making process.<\/p>\n

<\/p>\n

Image from BBC, chart sourced from TradingView.com<\/p>\n","protected":false},"excerpt":{"rendered":"

President-elect Donald Trump is set to meet with Brian Armstrong, the CEO of Coinbase, on Monday for their first discussion since the election on November 5th. As reported by the Wall Street Journal, the focus of their conversation will likely be appointments for Trump\u2019s new administration. Trump\u2019s Crypto Agenda Trump\u2019s approach to cryptocurrency is a […]<\/p>\n","protected":false},"author":14,"featured_media":23192,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"slim_seo":{"title":"Inside Trump's Closed-Door Talks with Coinbase's Brian Armstrong: What's at Stake? - Bitrabo","description":"President-elect Donald Trump is set to meet with Brian Armstrong, the CEO of Coinbase, on Monday for their first discussion since the election on November 5th."},"footnotes":""},"categories":[316],"tags":[1503,10253,10252,576,660,3300,859,4333,807],"class_list":["post-23191","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-agenda","tag-armstrong","tag-brian","tag-ceo","tag-coinbase","tag-meeting","tag-private","tag-trumps","tag-whats"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/23191","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/comments?post=23191"}],"version-history":[{"count":0,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/23191\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media\/23192"}],"wp:attachment":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media?parent=23191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/categories?post=23191"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/tags?post=23191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}