Coinbase CEO Brian Armstrong meets Trump before criticism of banks

Bitcoin Traders Expect More Pain Ahead After BTC Falls 50% From Peak

Coinbase CEO Brian Armstrong met with former President Trump just before Trump publicly criticized banks for their opposition to a pending crypto bill. This legislation is intended to clarify regulations around digital assets but has faced resistance from banks concerned about competition from decentralized finance platforms. In recent years, executives from the crypto industry, including Armstrong, have sought greater engagement with the White House to promote policies that are more favorable to their sector.

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