President-elect Donald Trump has reportedly scheduled a meeting Monday with Coinbase CEO Brian Armstrong to discuss staff appointments to his new administration.
His meeting with Armstrong is their first since Election Day in the US, the Wall Street Journal reported. It takes place as Trump focuses on finalizing his cabinet and appointing senior officials.
Trump has recently focused on selecting key leaders for his new administration. He appointed Elon Musk and Vivek Ramaswamy as co-chairs of the newly created Department of Government Efficiency (DOGE).
In addition, speculation is growing about the SEC chairman, a critical role in shaping the regulatory landscape for financial markets and cryptocurrencies. “Cryptomama” Hester Peirce and Robinhood chief legal officer Dan Gallagher are seen as potential candidates to succeed Gary Gensler.
Meanwhile, Trump is scheduled to meet with the candidates for Treasury Secretary at Mar-a-Lago later this week. Federal Reserve Governor Kevin Warsh and billionaire Marc Rowan are among the candidates being considered.
Trump pushes for US leadership in cryptocurrencies and blockchain
Trump, once a skeptic of cryptocurrencies, has become a strong advocate for the industry. At the Bitcoin 2024 conference in July, he outlined his vision for a cryptocurrency-friendly America under his leadership. In particular, he announced plans to establish a cryptocurrency industry presidential advisory board of experts and advocates to promote growth and innovation in the sector.
This council will seek to create legislation that will encourage innovation and growth in the cryptocurrency sector, led by industry enthusiasts. In addition, Trump said he intends to make the United States the world’s “cryptocurrency capital,” signaling a major shift toward supporting digital currencies and blockchain.
