Trump’s Economic Advisor Holds $5 Million in Coinbase Stock Amidst Regulatory Concerns

Kevin Hassett, the U.S. National Economic Council Director and a key advisor to former President Trump, has disclosed holdings of up to $5 million in Coinbase stock. This disclosure comes amidst increased scrutiny over KYC protocols following a recent Coinbase data breach. Critics have raised concerns about potential conflicts of interest given Hassett’s financial ties to the cryptocurrency exchange, while calls for greater transparency and regulation within the crypto industry continue to grow.