Which Altcoin CEO Will Be Included In Trump's Cryptocurrency Team? Here Are The Names Under Discussion!

As US President Donald Trump continues his moves towards the cryptocurrency industry, one of them was to create a crypto advisory board.

At this point, as Trump and his team work to form the crypto advisory board, potential candidates remain a matter of debate.

According to the New York Post, leading potential candidates for Trump’s advisory board include Ripple co-founder Brad Garlinghouse, former Kraken legal advisor Marco Santori, The Scoop podcast host Frank Chaparro, Circle CEO Jeremy Allaire and Coinbase CEO Brian Armstrong.

It was stated that selections for the board would be based solely on qualifications and experience rather than solely on support for the Trump administration.

A source told the New York Post that the Ripple CEO, who has a strong relationship with Trump and has met with him on several occasions, including at Mar-a-Lago in Florida, made the shortlist.

The Ripple CEO’s presence on the board was welcomed by the crypto community, with popular financial expert and author Linda Jones saying that Garlinghouse deserves a spot on the crypto advisory council, highlighting his undying support for the industry.

It was stated that among the potential candidates for this board, which is planned to consist of 24 advisors, in addition to the names above, Strategy co-founder Michael Saylor, Ripple CLO Stuart Alderoty and Crypto .com co-founder Kris Marszalek also included.

What will be the duties of the Board?

As is known, Donald Trump established this board by executive order in his first week in office.

Accordingly, this board was established to assist in cryptocurrency policy development, make recommendations, and support issues related to the Bitcoin (BTC) reserve.

One of the board's biggest tasks will be to decide whether cryptocurrencies should be classified as commodities or securities.

*This is not investment advice.