U.S. crypto exchange Coinbase has onboarded four experts from finance and politics to bolster its regulatory approach under Donald Trump’s administration.
Announced on Jan. 29, Coinbase said it has welcomed new names to its Global Advisory Council, including President Trump’s 2024 campaign co-manager Chris LaCivita, former Senator Kyrsten Sinema, former Federal Reserve Bank of New York President Bill Dudley, and former Inter-American Development Bank President Luis Alberto Moreno.
Coinbase noted that the four additions will help the exchange navigate “new political and regulatory realities” by leveraging their experience in politics and financial markets.
The quartet joins a list of political powerhouses already on Coinbase’s Global Advisory Council. According to the firm’s website, members include former Pennsylvania Senator Pat Toomey and former Florida Representative Stephanie Murphy.
Crypto businesses are strengthening their personnel as President Donald Trump’s return to the White House signals the possibility of more flexible regulations for the industry.
The prevailing perception among digital asset proponents is that pro-crypto policies are likely. Still, former Senator Sinema emphasized the need to rally behind industry leaders and intensify policy-making efforts.
Speaking to Semafor, LaCivita and Sinema expressed optimism based on sentiment from Trump’s inner circle. The pair noted that the President wants to stay informed on crypto developments and legislative agendas.
So far, President Trump has assembled a team of pro-crypto officials in key positions. Figures such as former Securities and Exchange Commissioner Paul Atkins and former PayPal COO David Sacks have been selected for SEC chair and the first White House crypto czar, respectively.
