Coinbase Courting Incoming Trump Administration for Cryptocurrency

Coinbase Courting Incoming Trump Administration for Cryptocurrency

By Angel Au-YeungCryptocurrency exchange Coinbase Global is making an Inauguration weekend pitch, including recent meetings with the transition team to discuss executive orders related to cryptocurrency, according to people familiar with the matter. One order could address the "debanking" issues that the crypto industry has had finding banks to accept them.Coinbase Global Chief Executive Brian Armstrong attended a black-tie dinner on Saturday hosted by Vice President-elect JD Vance at the National Gallery of Art while a group of other executives went to a Sunday dinner hosted by Trump. Armstrong plans to watch Trump's swearing-in ceremony Monday from a bit further away though; he will be at a viewing party at the World Economic Forum in Davos, Switzerland, according to a Coinbase spokesperson.This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

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