Chris LaCivita, a key figure in Donald Trump’s 2024 presidential campaign, has joined Coinbase’s Global Advisory Council as the cryptocurrency exchange strengthens its regulatory strategy. LaCivita, a political strategist with deep Republican National Committee ties, joins notable figures such as former U.S. Senator Kyrsten Sinema and ex-New York Fed president Bill Dudley on the council.

His appointment signals Coinbase’s continued efforts to push for pro-crypto policies in Washington. LaCivita has criticized the Biden administration’s approach to digital asset regulation, arguing that the crypto industry deserves a more supportive legislative framework. He echoed Trump’s promise to make the U.S. a global leader in cryptocurrency innovation.

Coinbase formed its advisory council in May 2023 to navigate the shifting regulatory environment, bringing in experienced policymakers and former government officials. The exchange has also intensified its political influence, contributing $45 million to elect pro-crypto candidates in the 2024 election cycle.

Reports indicate that Coinbase CEO Brian Armstrong met with Trump in November to discuss potential personnel shifts, amid speculation that a Republican-led administration could introduce a more favorable regulatory stance for digital assets. Coinbase has previously faced legal challenges from the SEC, and some industry leaders speculate that enforcement actions could be reassessed under new leadership.

As the 2024 election approaches, Coinbase continues to position itself as a key player in shaping the future of U.S. crypto policy, with LaCivita’s addition reinforcing its political influence in the evolving regulatory landscape.

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