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Coinbase CEO Brian Armstrong will meet with US President-elect Donald Trump as he continues to announce staff picks for his administration and government department heads, the Wall Street Journal (WSJ) reported . The incoming US President plans on meeting privately with Armstrong to discuss potential personnel appointments, according to the Nov. 18 report.  Brian Armstrong And Coinbase Prepared To Work With Trump Administration Armstrong does not appear to have donated directly to Trump’s 2024 campaign or any political action committees (PACs) directly supporting the Republican. Prior to the US presidential election, however, the Coinbase CEO did say that the leading US exchange platform would be prepared to work with a Trump administration. Earlier this year at the Bitcoin 2024 Conference, Trump made an appearance and said that he plans on establishing a “Bitcoin and crypto presidential advisory council.” This council, once formed, would be tasked with desi...

Brian Armstrong Prepared For Legal Battle Noting that the California-based Coinbase company has over $5 billion on its balance sheet to sustain operations and cover legal expenses, Armstrong confidently stated, “I think we’re gonna be fine going to the court”. Moreover, he expressed his readiness to endure a potentially lengthy legal process, affirming “even if this takes some time, that’s ok”. advertisement Read More: Billionaire Mike Novogratz Predicts SEC Lawsuits Will Continue Ahead Armstrong also sought to highlight the relatively small percentage of assets mentioned in the SEC complaint, as Coinbase trades over 200 assets on its platform. The crypto mogul pointed out that among those listed on the platform only 13 were categorized as securities. “A relatively small percentage of the assets we trade,” Armstrong added, further defending the company’s position. Armstrong Differentiates Coinbase From B...