Coinbase CEO Brian Armstrong Meets Trump Exclusively, Is It True To Replace Gary Gensler?
JAKARTA - President-elect Donald Trump continues to attract the attention of the crypto world with his strategic decisions. One of the major steps in the spotlight is an exclusive meeting between Coinbase CEO Brian Armstrong and Trump, who are said to be discussing the appointment of high-ranking officials in the new government.
This meeting gave hope for crypto industry players for more friendly regulations, especially after a long time facing the strict policies of existing financial authorities. With Trump's promise to form a "Presidential Crypto Advisory Board," this potential major change could reprint the rules of the game in the digital asset world.
According to Coinrape's information, Brian Armstrong's meeting with Trump not only focused on Coinbase's role but also discussed important positions in financial regulation, including the possibility of replacing the current SEC Chair, Gary Gensler.
Gensler has been under sharp criticism from the crypto community for a regulatory approach that is considered too pressing. In his campaign, Trump has promised to remove Gensler and replace him with a figure who supports blockchain technology and digital assets more.
To date, there is no certainty about what position Trump will give Brian Armstrong in his government. But what is clear, Armstrong expressed his readiness to work with Trump administration. This move reflects the optimistic view that collaboration between the government and the private sector can create a more conducive environment for digital innovation.
Trump has also attracted attention by compiling cabinets that include pro-crypto figures, such as Howard Lutnick, CEO of Cantor airing, who is known to support digital assets including Bitcoin. In fact, Lutnick is said to be a strong candidate for the position of Minister of Finance. In addition, names like Robert F. Kennedy Jr. and Vivek Ramaswamy also appeared on the list, with their support for blockchain background.
This move is seen by many as a strategic approach to encourage widespread crypto adoption in the United States, as well as strengthen the country's competitiveness in global financial technology.