Trump Meets with Crypto.com CEO to Discuss Appointments and Bitcoin Reserve
It has been six months since Donald Trump met with bitcoin mining executives at Mar-a-Lago, and his involvement in the cryptocurrency industry continues.
After expressing support for American BTC mining in June, Trump made additional crypto-related announcements at Nashville’s Bitcoin 2024 conference.
In November, the Wall Street Journal reported on his upcoming meeting with Coinbase CEO Brian Armstrong.
The latest development includes a discussion with Crypto.com CEO Kris Marszalek on Monday.
According to a source familiar with the conversation, they discussed appointments related to the crypto sector, a Bitcoin reserve, and general optimism for the US crypto market. A spokesperson from Crypto.com did not provide further details.
Trump has nominated crypto-friendly individuals, such as Howard Lutnick, to significant roles and appointed a crypto czar. The idea of a national bitcoin reserve is under consideration.
Lawmakers in Brazil and Japan are discussing similar initiatives. Trump's emphasis on American superiority suggests a BTC purchasing strategy could align with his agenda.
He has indicated that a BTC reserve is being contemplated. MicroStrategy founder Michael Saylor noted that if the US pursues this approach, other nations would likely follow suit.
Saylor previously presented to Microsoft shareholders on the value of BTC. The current question is when he will deliver a similar presentation in the White House.