Coinbase added four high-profile figures as its advisors, including former US Senator Kyrsten Sinema and Chris LaCivita, co-campaign manager for President Donald Trump’s re-election bid.

The Coinbase advisory council also welcomes Bill Dudley, the former president of the Federal Reserve Bank of New York, and Luis Alberto Moreno, an expert in global development and international finance. 

Michael Ashley Schulman, partner and chief investment officer at Running Point Capital Advisors, told Reuters:

“This move suggests Coinbase is positioning to have direct influence on policy discussions by aligning with individuals who have deep ties to both the Trump camp and traditional financial institutions.”

Regulatory and legal tailwinds

Favorable regulatory and legal tailwinds have recently boosted Coinbase. Trump’s nominations for key roles in US regulators favor the crypto industry in the country.

In the US Securities and Exchange Commission (SEC), the US president nominated pro-crypto Paul Atkins to replace former chair Gary Gensler. Yet, until Atkins can take office in June 2026, pro-crypto Commissioner Mark Uyeda was appointed acting chair.

On his first day at the office, Uyeda established a crypto task force to provide regulatory clarity for companies and stop regulation by enforcement efforts.

Trump nominated Caroline Pham as ac

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Author: Gino Matos