President Donald Trump Prepares for Private Meeting with Coinbase CEO

According to a report by The Wall Street Journal, a private meeting between newly elected President Donald Trump and Coinbase CEO Brian Armstrong is being arranged. The meeting is believed to focus on personnel appointments for the new administration, although it remains unclear which specific position is being considered for Armstrong or the Coinbase team.

This move appears to align with Trump’s recent campaign promises to support the cryptocurrency industry. At the Bitcoin Conference in July, he announced plans to fire SEC Chairman Gary Gensler, establish a national Bitcoin reserve fund, and expressed his ambition to position the United States as a global crypto hub. He also revealed intentions to form a White House cryptocurrency advisory board.

Since his election victory, Trump has been actively unveiling personnel plans for his administration. Among the most notable proposals is the establishment of a Department of Government Efficiency (DOGE) based on an idea by billionaire Elon Musk, with Musk set to lead the department.

Related: “DOGE” Plan Approved by Donald Trump

The SEC Chair position remains vacant, and it is evident that Gary Gensler will not retain his role under the Trump administration. American media outlets have compiled a list of potential candidates for the position, most of whom are crypto-friendly.

Another key position drawing significant attention is Treasury Secretary. Howard Lutnick, CEO of Cantor Fitzgerald—a firm that holds a substantial amount of U.S. Treasury bills for Tether—is being considered a leading contender. Lutnick has repeatedly expressed support for Bitcoin and USDT.

Additionally, other prominent crypto leaders, such as Ripple CEO Brad Garlinghouse and Cardano founder Charles Hoskinson, are reportedly engaging with the new administration to discuss crypto-related policies.