Trump Set to Secret Meeting With Coinbase CEO

"Likely to Appoint Armstrong As a Key Position"

Trump will hold a private meeting with Coinbase CEO Brian Armstrong to discuss cooperation.

Bloomberg reported on Nov. 18 that Trump announced a closed-door meeting with Armstrong, and that the main theme of the meeting is the possibility of appointing Armstrong's position within the second Trump administration.

Earlier, when he was a presidential candidate, Trump announced the launch of an administration that will actively support the cryptocurrency industry.

In fact, Trump, who was elected as the 47th U.S. president, is deploying 'pro-crypto figures' throughout his administration. Last week, Trump appointed Matt Gates, a pro-Bitcoin figure, as the next attorney general of the administration, and Tesla CEO Elon Musk as the head of the 'Government Efficiency Committee'.

'Presidential advisory commission' is being discussed as a likely position for Armstrong CEO. Trump pointed to the design of cryptocurrency regulatory guidelines in the United States as a major task of the administration he will launch and predicted that he will launch the presidential advisory commission for this purpose. Cryptocurrency community is considering that Armstrong CEO will be a very necessary figure for the organization.

Coinbase was deeply involved in the 47th U.S. presidential election with the aim of launching a cryptocurrency-friendly administration. It has donated more than 100 million dollars to political action committees (PACs), and most of it has been delivered to the cryptocurrency support group 'Fairshake'.

권승원 기자 ksw@blockstreet.co.kr