EddieJayonCrypto

 29 Jan 25

tl;dr

Coinbase has expanded its advisory board with high-profile figures, including former US Senator Kyrsten Sinema and Chris LaCivita, ex-campaign manager for President Trump. This move is seen as positioning Coinbase to have influence on policy discussions by aligning with individuals with ties to the ...

Coinbase has recently strengthened its ties to Washington by adding high-profile advisors, including former US Senator Kyrsten Sinema and Chris LaCivita, ex-campaign manager for President Trump. This move is aimed at positioning Coinbase to have influence on policy discussions by aligning with individuals with ties to the Trump camp and traditional financial institutions.

In addition to this, favorable regulatory and legal developments, such as Trump's nominations for key roles in US regulators, have boosted Coinbase. The company also scored significant legal victories in its battle with the SEC, with courts acknowledging the regulator's lack of clear rules and granting Coinbase an interlocutory appeal to challenge SEC accusations.

These developments indicate a growing intersection between cryptocurrency, regulatory matters, and political landscape, shaping the future of Coinbase and the broader crypto industry.

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