Donald Trump, the president-elect of the United States, is swiftly delivering on his pro-crypto campaign promises. From forging ties with Coinbase to exploring acquisitions in the crypto sector, Trump’s vision of making America a “crypto capital” is taking off.
Meeting with Coinbase CEO
Trump is set to meet Coinbase CEO Brian Armstrong in the coming days, as reported by The Wall Street Journal. The meeting will focus on personnel appointments in the incoming administration, signalling Trump’s commitment to involving key crypto industry figures in shaping his policies. Coinbase has been vocal about the need for regulatory clarity in the sector, and Armstrong’s collaboration with the administration could set the tone for future reforms.
TMTG Eyes Bakkt Acquisition
Trump Media & Technology Group (TMTG), Trump’s media company, is reportedly in discussions to acquire Bakkt, a leading crypto trading firm. This move would expand TMTG’s portfolio into the crypto realm, diversifying its services. Notably, the deal may exclude Bakkt’s crypto custody division, focusing instead on its trading and blockchain capabilities.
In line with his crypto-focused agenda, Trump previously announced World Liberty Financial, a decentralized platform backed by him and his family. This initiative aims to reinforce the U.S. as a global leader in cryptocurrency adoption and innovation, underlining Trump’s broader ambitions for the sector.
What’s Next for U.S. Crypto?
Trump’s proactive steps, including strategic industry collaborations and corporate acquisitions, highlight his vision of a thriving crypto ecosystem in America. With regulatory clarity and institutional engagement as key priorities, the crypto industry could witness unprecedented growth under his leadership.
Trump’s crypto-centric approach not only reflects his campaign promises but also positions the U.S. to lead in the global digital asset space.
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