“We’ve seen nothing like it before”: Sinema, Trump campaign manager join Coinbase advisory board

Coinbase makes moves to benefit from the president Donald TrumpPro-Crypto Push.

the Coded exchange He announced on Wednesday Chris Laccoita, the campaign director in Trump for the year 2024, has brought former Satnona in Arizona. Kyrsten Sinema As consultants in the World Consultative Council.

Sinema did not do any attempts to hide its goals as a previous project that is now working in speculative space, saying at Interview with the Wall Street Journal It wants to use its internal knowledge of the legislative process to obtain favorable laws.

She said: “I think one of the most important things for the encryption community is to obtain legislation that was approved in the House of Representatives and the Senate, in the two parties, and its signature of President Trump.”

Lukvita subscriber Trump learns a lot about [crypto] From Baron “and said he” wants to be at the forefront of the industry in his second term.

Although it is not unusual for financial companies to search for the experience of former lawmakers, the Coinbase file and its emergence as a political donor raises questions about the administration’s ability to oversee the flourishing industry.

Sinema did not receive any funding from Crypto Pacs in the last electoral session because it announced its retirement from the upper room. Robin Galigo, which occupied the Senate seat, received $ 10 million in support from Crypto Pacs, according to the data collected by Independent researcher Molly White.

Coinbase is a public company and is one of the largest cryptocurrency exchange platforms in the world. They have become only active politically, making it for the first time greatly through Election session 2024. Coinbase gave At least 75 million dollars to Fairshake Pac alignmentWhich makes it one of the largest shareholders of this industry.

“Before this session, they were not a major political donor, and any contributions it made was mostly directed at individual candidates and was modest in size,” White said.

For industry monitoring, this represents an unknown area. The encryption industry seems to have a long extension of green lights because it looks forward to increasing its influence and strength in light of the pro -sulfur administration is the same Launching encryption projects.

“It is a partial recovery of the services provided, and it is also an explanatory offer for current office owners that the money is also available to you if you vote on our way,” Robert Weissman, co -chair of the General Citizen, told the Salon. “We haven’t seen anything like him before.”