Insights & Regulatory Updates
Trump to Meet Privately With Coinbase CEO Brian Armstrong: What It Means for Crypto Regulation
President-elect Donald Trump is set to meet privately with Coinbase CEO Brian Armstrong on Monday, marking a significant moment for the cryptocurrency industry. According to sources familiar with the matter, the meeting is expected to focus on key personnel appointments for Trump’s second administration, potentially signaling a major shift in the regulatory landscape for digital assets.
A Second Trump Administration: Implications for the Securities Industry
With Donald J. Trump’s return to the White House confirmed on November 6, 2024, the financial industry is preparing for sweeping regulatory changes. From the banking sector to private funds, stakeholders are crafting detailed wish lists, hoping to shape the new administration’s economic and regulatory agenda. Trump’s victory is set to usher in a more business-friendly environment, with Wall Street and asset managers eagerly anticipating reforms.
Trump Hints at Recess Appointment for SEC Chair as Bitcoin Nears $90,000
The recent election of Donald Trump as the next president of the United States has sent shockwaves through the financial world, with Bitcoin and other cryptocurrencies experiencing an unprecedented rally. Bitcoin, the world’s largest cryptocurrency, hit a record high of nearly $90,000, buoyed by expectations of a more crypto-friendly regulatory environment under Trump’s leadership. The surge comes as Trump hints at making sweeping changes to the Securities and Exchange Commission (SEC), including replacing Chair Gary Gensler through a controversial recess appointment.