Coinbase CEO: Trump's support for cryptocurrency is forcing global players to pay more attention

Odaily Planet Daily News Coinbase CEO Brian Armstrong posted on X: "I just finished a marathon meeting with world leaders, ministers and CEOs in Davos. This is also a great opportunity for Coinbase to connect with more than 50 world leaders and CEOs in one place to discuss how we can help introduce cryptocurrency to their countries or companies. Here are some of my key takeaways: 1. In addition to Trump, cryptocurrency and artificial intelligence are the most discussed topics in Davos. Flying directly from the inauguration ceremony in Washington to Davos, it is clear that cryptocurrency and economic freedom have now become global TOM 2. Trump is forcing everyone to step up their game. Basically, every conversation I have with major market leaders focuses on what the Trump administration plans to do in terms of cryptocurrency (such as a strategic Bitcoin reserve) and how they can avoid being left behind. As the company best positioned to help governments build strategic Bitcoin reserves (through our custody and trading services), these are valuable touchpoints. 3. Many emerging market leaders already deeply understand that cryptocurrency can create economic freedom for their people and unlock the growth potential of their economies. Many see what Presidents Milley, Bukele, and Trump have done (with new leaders in Canada and Germany soon to follow, for example) and understand that free markets are a catalyst for prosperity. Economic freedom is on the rise, and there is now a clear opportunity to build an alliance of economically free nations, and I want to talk about Coinbase How to help this movement. 4. The floodgates are opening. Corporate leaders (banks, asset managers, payment services, etc.) have made it clear that they are all accelerating their investments in cryptocurrencies. Crypto allocations will increase, and so will their efforts to build on the blockchain. There will be more players and competition in the cryptocurrency space than ever before, and we welcome that. We need cryptocurrencies to update the entire global financial system to bring these benefits to everyone. 5. Coinbase will gain a lot of upside in this global bull market. My experience in Davos has emphasized the importance of our 12-year-plus world-class security and compliance record to major players. They need an institutional-grade partner like Coinbase that can persevere in building in a bear market to have the confidence to enter the cryptocurrency space. We are proud to be their partner. ”