Coinbase

Coinbase, one of the largest cryptocurrency exchanges in the U.S., has developed close ties to figures connected with Donald Trump’s political network, signaling an effort to influence federal crypto policy under Republican leadership.

In January 2025, Coinbase appointed Chris LaCivita, a former co-campaign manager for Donald Trump’s 2024 presidential campaign, to its Global Advisory Council — a move widely seen as a step toward building influence within the Trump administration’s regulatory sphere (source: Reuters, Jan. 29, 2025). Former U.S. Senator Kyrsten Sinema also joined the same advisory group, reinforcing the company’s political outreach strategy.

Coinbase representatives additionally attended a high-dollar donor dinner at the White House celebrating the $250 million Trump Ballroom project, according to a confirmed attendee list (source: PBS NewsHour).

In February 2025, the U.S. Securities and Exchange Commission (SEC) announced it had dropped a major enforcement action against Coinbase, filing a joint stipulation to dismiss the case (SEC Press Release, Feb. 27, 2025). The decision was viewed by several analysts as a regulatory concession beneficial to Coinbase during the Trump administration’s tenure.

These developments reflect Coinbase’s growing alignment with Trump-affiliated political and financial networks. For consumers and investors who oppose Trump’s policies, authoritarian tendencies, or corporate favoritism, supporting Coinbase may indirectly bolster the same political structures.

Those who value ethical governance, transparency, and democratic accountability may prefer to use alternative crypto platforms that maintain independence from Trump-aligned political influence.

✅ Ask your investment fund manager:

If you invest through mutual funds, ETFs, or retirement accounts, check whether they include Coinbase (COIN) holdings. Request that your fund manager reallocate to alternatives without exposure to Coinbase or other Trump-aligned corporations.

✅ Withdraw your funds:

Move your crypto assets from Coinbase to a self-custody wallet or an independent exchange. This reduces Coinbase’s user-based revenue and lessens its influence over centralized crypto policy.

✅ Switch exchanges:

Consider transferring your assets to alternative crypto platforms that maintain stronger commitments to neutrality, transparency, and decentralization.

✅ Cancel Coinbase financial products:

Close any Coinbase credit cards, debit cards, or staking programs, and disable recurring buys or auto-staking features to stop passive income from flowing to the company.

🚫 Avoid Coinbase stock (COIN):

Refrain from purchasing COIN shares or investing in ETFs that include Coinbase in their portfolios.