Major crypto firms like Ripple, Coinbase, and Kraken are vying for positions on Trump’s new crypto advisory council.
The council will focus on digital asset legislation, regulatory coordination, and Trump’s proposed national Bitcoin reserve.
Critics warn about potential conflicts of interest while industry leaders push for clearer regulations.
As President-elect Donald Trump prepares for office, many top crypto companies are jockeying for positions on his much-anticipated cryptocurrency advisory council. First announced at a July Bitcoin conference in Nashville, the council aims to shape the future of U.S. crypto policy.
Industry insiders say discussions are already underway about how the council will be structured, who will lead it, and which firms will be included.
Council for Crypto Policy
Among the firms seeking a seat at the table are major players like Ripple, Kraken, and Circle, along with venture capital firms such as Paradigm and Andreessen Horowitz (a16z). Coinbase is also reportedly eager to participate, with CEO Brian Armstrong recently meeting with Trump to discuss the council, according to sources familiar with the situation.
David Ba…
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