Companies including Circle, Ripple and others are vying for the seats on the encryption committee promised by Trump

According to Reuters, a series of cryptocurrency companies including Circle, Ripple, Kraken, Coinbase, a16z and Paradigm are vying for seats on the Cryptocurrency Advisory Committee promised by President Donald Trump in his election campaign. They seek to have a say in his planned US policy reforms.

During his campaign at the Bitcoin conference held in Nashville in July, Trump promised to establish a new committee as part of a crypto-friendly government. Insiders said that his transition team is discussing how to organize and arrange personnel and which companies should be included.