Trump met privately with Coinbase CEO on Tuesday

BlockBeats News, March 4th, According to Politico citing two knowledgeable sources, U.S. President Trump met privately with Coinbase CEO Brian Armstrong on Tuesday. As the discussion was confidential, the sources requested anonymity.

It is currently unclear what was specifically discussed in the meeting, but shortly after the meeting, Trump posted on social media stating that banks "need to make a good deal with the crypto industry" to advance the stalled cryptocurrency legislation on Capitol Hill. He also stated that a recent crypto law "is under threat and attack by banks, which is unacceptable" — a statement that aligns with Coinbase's position.