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Democrats target Coinbase CEO and Trump-linked crypto firm in new oversight plan

Market News
13 Nov 2026, 20:56 WIB
Crypto Briefing
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Bearish
Democrats target Coinbase CEO and Trump-linked crypto firm in new oversight plan

A progressive think tank has circulated a detailed 181-182 page blueprint urging Democratic lawmakers to investigate Coinbase CEO Brian Armstrong and World Liberty Financial, a crypto firm partly owned by the Trump family. The document highlights potential favoritism and policy influence tied to Trump, placing these crypto entities alongside major companies like Tesla and Apple for scrutiny. Coinbase's recent US trust charter approval and World Liberty's token buyback program have drawn particular attention. The investigations could impact market confidence and regulatory approaches ahead of the midterm elections.

The oversight blueprint naming Coinbase CEO Brian Armstrong and World Liberty Financial comes as a backdrop to market movements in major cryptocurrencies. For readers following cryptocurrency markets, here is Pluang's snapshot as of Nov 14, 2026 01:41 WIB: out of 50 major cryptocurrencies, 22 rose and 27 fell today. Notable movers include SXP (Solar) down 46.27% at Rp37 with a typical hold time of 94 days, BAL (Balancer) up 11.14% at Rp16,297 with a typical hold time of 85 days, and EOS (EOS.IO) up 8.13% at Rp12,649 with a typical hold time of 87 days.

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