Coinbase (NASDAQ:COIN) has announced the addition of Chris LaCivita, President Donald Trump‘s co-campaign manager in 2024, to its Global Advisory Council.
What Happened: This move is intended to strengthen the company’s position as it seeks to navigate the changing political landscape and influence future regulations.
It also signals a clear belief within the crypto industry that Trump’s administration will be more favorable towards the industry.
LaCivita will use his expertise and influence to help Coinbase as it works with the government to influence future regulations, according to Semafor.
Benzinga has reached out to Coinbase for a comment.
LaCivita stated that Trump “was very much into learning about as much of this as possible,” and that “The president’s made it perfectly clear …
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