Coinbase jumped 12% on Wednesday following President Trump's latest call to help pass a law that would enable crypto firms to ...

CoinDesk confirmed the meeting occurred before Trump accused banks of blocking digital asset legislation on Capitol Hill.

The dispute centers on whether crypto firms like Coinbase can offer yields on stablecoins, which banks warn will siphon trillions of dollars from the industry.

Bitcoin ($BTC) has long been pitched to investors as digital gold, a decentralized hedge against government policy and inflation. However, the last few weeks have tested that narrative. As ...