President-elect Donald Trump is scheduled to satisfy with Brian Armstrong, the CEO of cryptocurrency exchange platform Coinbase, on Monday. 

According to the Wall Street Journal (WSJ), the meeting, which might be their first interaction for the reason that presidential election on November fifth, is predicted to give attention to personnel appointments for Trump’s upcoming administration.

Trump’s Vision For Crypto In The US

As Trump works to finalize his cabinet and senior positions, his evolving stance on cryptocurrency has change into a notable aspect of his leadership approach and key to his upcoming economic agenda, as revealed during his presidential campaign. 

Amongst key guarantees, the now forty seventh President of the US expressed his intention to create a presidential advisory council dedicated to cryptocurrency throughout the National Bitcoin Conference in Nashville earlier this 12 months. 

The Republican has also hinted at the potential for firing the present chairman of the US Securities and Exchange Commission (SEC), Gary Gensler, as he sees the move as key to a latest regulatory framework for cryptocurrencies that may lead to further adoption and latest investment vehicles within the country.

This has been a notable topic amongst investors over the past weeks, as speculation has grown that Gensler may resign in the approaching days. 

Aiming For Pro-Crypto Leadership In Key Appointments

Armstrong has already made his preferences known regarding key regulatory appointments. He publicly endorsed pro-crypto Hester Peirce, a current commissioner on the SEC, as the best candidate to steer the SEC under Trump’s administration.

Nonetheless, Trump and Armstrong’s meeting agenda could see the name of Howard Lutnick, chairman of asset manager Cantor Fitzgerald and in addition pro-Bitcoin, who has been floated for the position of Treasury Secretary. 

Overall, as Trump and Armstrong meet, the outcomes of their discussions could have significant implications for the regulatory landscape of cryptocurrency in the US. 

These moves by President-elect Trump also show that he intends to maintain the guarantees he has remodeled the past few months, promising to make the US the “crypto capital of the world” and taking into consideration the most important players within the industry when making his decisions.

Featured image from BBC, chart from TradingView.com