{"id":32473,"date":"2024-11-19T15:00:01","date_gmt":"2024-11-19T12:00:01","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=32473"},"modified":"2024-11-19T12:06:50","modified_gmt":"2024-11-19T09:06:50","slug":"coinbase-ceo-to-meet-with-trump","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/coinbase-ceo-to-meet-with-trump\/","title":{"rendered":"Coinbase CEO to Meet with Trump!"},"content":{"rendered":"<p><strong>Coinbase<\/strong> CEO Brian Armstrong is set to meet with former President <strong>Donald Trump<\/strong> during the presidential transition process to discuss personnel appointments. This meeting is of significant importance for <strong>Coinbase<\/strong> and the broader cryptocurrency sector. According to a <strong>Wall Street Journal<\/strong> report from November 18, Armstrong and Trump will focus on potential appointments to government positions.<\/p>\n<h2>A New Era for Crypto Regulations<\/h2>\n<p>In July 2024, at the <strong>Bitcoin<\/strong> Conference, Trump promised to establish a &#8220;Bitcoin and Crypto Presidential Advisory Council&#8221; during his first 100 days in office. The purpose of this council would be to create a more transparent regulatory framework for the industry. Trump also announced plans to fire <strong>SEC<\/strong> Chairman <strong>Gary Gensler<\/strong> on his first day in office, signaling major regulatory changes for the industry.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/www.investopedia.com\/thmb\/z-sXZqGkBl75rKNQFPHyxKyLH3g=\/1500x0\/filters:no_upscale():max_bytes(150000):strip_icc()\/GettyImages-2163296066-f46d7cb71b1b4d29812b1faa5d07577c.jpg\" alt=\"trump\" width=\"1500\" height=\"1000\" \/><\/p>\n<p>In 2020, <strong>Coinbase<\/strong> chose to remain neutral in politics. However, following the <strong>SEC<\/strong>&#8216;s legal actions against the company in 2023, Armstrong\u2019s position shifted. Since then, Armstrong has advocated for supporting pro-crypto candidates and called on social media for support for Republican candidates.<\/p>\n<hr \/>\n<p><em>Might interest you: <a href=\"https:\/\/coinengineer.net\/blog\/who-could-replace-gary-gensler-as-sec-chairman\/\"><strong>Who Could Replace Gary Gensler as SEC Chairman?<\/strong><\/a><\/em><\/p>\n<hr \/>\n<p>For the 2024 elections, <strong>Coinbase<\/strong> and Armstrong contributed around $46 million to the <strong>Fairshake PAC<\/strong>, which supports candidates favorable to the crypto industry. This move aims to influence regulatory changes that could benefit the sector.<\/p>\n<p>This meeting with Trump could mark a significant turning point for <strong>Coinbase<\/strong>. The outcome of this conversation may play a key role in shaping cryptocurrency regulations in the U.S.<\/p>\n<hr \/>\n<p><em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Telegram,\u00a0<\/strong><\/a><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"nofollow noopener\"><strong>YouTube<\/strong><\/a>,\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Twitter<\/strong><\/a>\u00a0channels for the latest\u00a0<a title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\">news<\/a>\u00a0and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Coinbase CEO Brian Armstrong is set to meet with former President Donald Trump during the presidential transition process to discuss personnel appointments. This meeting is of significant importance for Coinbase and the broader cryptocurrency sector. According to a Wall Street Journal report from November 18, Armstrong and Trump will focus on potential appointments to government<\/p>\n","protected":false},"author":28,"featured_media":32474,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,10,657,2],"tags":[9566,2747,151,9567,4672,7058,1730,9565,4837,3310],"class_list":["post-32473","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-economy-news","category-en","category-news","tag-bitcoin-advisory-council","tag-brian-armstrong","tag-coinbase","tag-crypto-industry-donations","tag-crypto-regulations","tag-cryptocurrency-news","tag-donald-trump","tag-political-influence","tag-sec-chairman","tag-trump"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Coinbase CEO to Meet with Trump! - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/coinbase-ceo-to-meet-with-trump\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Coinbase CEO to Meet with Trump! - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Coinbase CEO Brian Armstrong is set to meet with former President Donald Trump during the presidential transition process to discuss personnel appointments. 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