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• Former President Donald Trump held a private meeting with Coinbase Global (NasdaqGS:COIN) CEO Brian Armstrong, followed by public comments in support of cryptocurrency.

• Trump has voiced backing for digital asset legislation, signaling potential shifts in U.S. political and regulatory support for crypto.

• This development places Coinbase at the center of a high profile discussion around the future treatment of digital assets in the U.S.

For investors watching Coinbase Global, the timing of this political engagement comes with the stock trading at $208.93…