Trump and Coinbase CEO Discuss Crypto Influence in Upcoming Administration

President-elect Trump and Brian Armstrong of Coinbase engage in talks about potential cabinet roles and crypto policy direction.

Donald Trump and Brian Armstrong held a phone call to discuss the role of cryptocurrency in the upcoming administration, reflecting crypto's growing political influence.
Armstrong, a major supporter of pro-crypto candidates, has been vocal about the need for regulatory changes, particularly at the SEC.
Trump's potential cabinet picks include crypto advocates, with discussions focusing on key financial positions like the SEC and CFTC leadership.
The crypto industry is watching the appointment of the Treasury Department's Under Secretary for Terrorism and Financial Intelligence for its impact on regulations.
Speculation surrounds the formation of a cryptocurrency advisory council, which was part of Trump's election promises.