Coinbase CEO: Trump Administration May ‘Rush Out’ Burdensome Crypto Wallet Rules

President-elect Donald Trump is scheduled to meet with Brian Armstrong, the CEO of cryptocurrency exchange platform Coinbase, on Monday.  According to the Wall Street Journal (WSJ), the meeting, which will be their first interaction since the presidential election on November 5th, is expected to focus on personnel appointments for Trump’s upcoming administration. Trump’s Vision For […]

Former U.S. President Donald Trump is still not a fan of Bitcoin, calling it a scam while stating that the dollar should remain the “currency of the world.” Former United States President Donald Trump has once again slammed Bitcoin (BTC).Appearing on FOX Business on Monday, the former president remarked:“Bitcoin, it just seems like a scam […] I don’t like it because it is another currency competing against the dollar. Essentially, it is a currency competing against the dollar. I want the dollar to be the currency of the world, that’s what I’ve always said.”TRUMP: Bitcoin, it just seems....

The top U.S. banking regulator is concerned that the Biden administration may roll back some cryptocurrency regulations aimed at protecting consumers. This includes allowing national banks to custody crypto assets put in place during the Trump administration. Biden Administration Could Change US Crypto Regulations Acting Comptroller of the Currency, Brian Brooks, shared several concerns regarding cryptocurrency regulations in an interview with CNBC last week. Brooks is the administrator of the federal banking system and chief officer of the Office of the Comptroller of the Currency (OCC).....

Cryptocurrency continues to gain prominence under the administration of incoming US President Donald Trump as a crypto trading firm may soon become part of the companies owned by the billionaire president. Reports disclosed Trump Media eyes to acquire the Bakkt crypto company to gain a foothold in the digital asset industry. Related Reading: Crypto Milestone: […]

Coinbase’s Chief Policy Officer (CPO) asked US lawmakers to establish a robust regulatory framework that benefits the crypto industry and American investors, suggesting six key priorities to protect users and develop the sector with clear regulations. Related Reading: Binance CEO Expects Start Of Crypto ‘Golden Era’ Under Trump Administration Coinbase Urges Congress To Unlock The […]