Coinbase Expands Advisory Council with Trump Campaign Manager and Ex-Senator
The crypto exchange's new hires signal a strategic push to influence U.S. crypto policy in a pro-crypto administration.
- Coinbase has added four prominent figures to its advisory council, including Trump campaign co-manager Chris LaCivita and former Senator Kyrsten Sinema.
- The appointments reflect the crypto industry's optimism about favorable policies under President Trump's administration, which has prioritized regulatory clarity for digital assets.
- Other new advisors include Bill Dudley, former president of the Federal Reserve Bank of New York, and Luis Alberto Moreno, an international finance expert.
- Sinema and LaCivita will use their political expertise to advocate for bipartisan legislation that establishes clear rules for the crypto industry, though they will not engage in direct lobbying.
- The crypto sector has gained mainstream appeal, with bitcoin surpassing $100,000 in 2024, and analysts predict further growth as regulatory frameworks evolve.