Despite facing public criticism from Trump administration officials, the cryptocurrency company World Liberty Financial, co-founded by Donald Trump, has expressed strong support for Coinbase's political strategy regarding the stalled cryptocurrency market structure bill. The CEO of World Liberty praised Coinbase's approach at a recent meeting, emphasizing that both sides want to preserve the stablecoin reward program, which is crucial to the business models of both companies. As negotiations in Washington become tense and the bill's prospects remain uncertain, this support from World Liberty highlights the complex relationship between the cryptocurrency industry and the current government.
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Despite facing public criticism from Trump administration officials, the cryptocurrency company World Liberty Financial, co-founded by Donald Trump, has expressed strong support for Coinbase's political strategy regarding the stalled cryptocurrency market structure bill. The CEO of World Liberty praised Coinbase's approach at a recent meeting, emphasizing that both sides want to preserve the stablecoin reward program, which is crucial to the business models of both companies. As negotiations in Washington become tense and the bill's prospects remain uncertain, this support from World Liberty highlights the complex relationship between the cryptocurrency industry and the current government.