President Donald Trump met privately on Tuesday with Coinbase CEO Brian Armstrong before publicly backing the company’s position in an ongoing lobbying clash with banks that has derailed a major cryptocurrency bill, according to two people with knowledge of the matter who were granted anonymity to discuss a closed-door matter.
It is unclear what was discussed during the meeting, but it came just before Trump wrote on social media that banks “need to make a good deal with the Crypto Industry” in order to advance digital asset legislation that has stalled on Capitol Hill. He wrote that a recently adopted crypto law is “being threatened and…
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