Trump set to hold private meeting with Coinbase CEO

Donald Trump is set to meet with Coinbase CEO Brian Armstrong today to discuss potential appointments for his upcoming administration, according to a report by the Wall Street Journal.

This marks the first meeting between the two since Trump’s election victory and signals the president-elect’s evolving stance on crypto.

At a Bitcoin conference earlier this year, Trump pledged to establish a Bitcoin and crypto presidential advisory council focused on creating clear regulatory guidance if elected.

Armstrong has already voiced support for potential Trump administration appointments, endorsing SEC Commissioner Hester Peirce on X as the “best choice” to lead the Securities and Exchange Commission.

Coinbase, under Armstrong’s leadership, was a major political donor in the recent election cycle, contributing over $100 million to various political action committees.

The majority went to Fairshake, a crypto industry-backed PAC that invested over $40 million in congressional candidates, according to Federal Election Commission filings and data from OpenSecrets.