President-elect Donald Trump is scheduled to meet privately with Coinbase CEO Brian Armstrong on Monday, according to WSJ sources familiar with the matter.
The meeting, the first between the two since Election Day, is expected to focus on personnel appointments for Trump’s second administration, further solidifying the former president’s surprising shift towards embracing the cryptocurrency industry.
Trump, once a crypto skeptic, has become an increasingly vocal supporter of digital assets. This evolving stance culminated in a speech at this year’s annual Bitcoin conference, where he pledged to establish a Bitcoin and cryptocurrency presidential advisory council if elected. This council would be tasked with developing clear and transparent regulatory guidance for the industry.
While the specific agenda remains undisclosed, the discussion of personnel appointments suggests that Trump may be considering individuals with strong crypto backgrounds for key positions.
Also according to recent news, Donald Trump’s social media company “Truth Social” is in advanced talks to buy Bakkt for over $100m.
