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Market News

Coinbase CEO to hire 1000 Workers amid Trump’s Pro Crypto Policies

Coinbase CEO gave props to Trump’s leadership and focus on clear regulations, connecting those efforts to a boost in the economy.

Written By Dishita Malvania
Fact Checked by Dhara Chavda
Published 2025-03-11·Updated 1 year ago
Make The Crypto Times preferred on GoogleGoogle
Coinbase CEO to hire 1000 Workers amid Trump Crypto Policies

Brian Armstrong, the CEO of Coinbase, recently shared a bold vision to grow the cryptocurrency world, announcing plans to bring 1,000 new workers on board across the U.S. in 2025. He tipped his hat to President Donald Trump, saying the administration’s sharp, proactive policies have pumped fresh life into the industry and kicked digital currencies into high gear.

On Friday, Armstrong posted an eye-catching video on X, filmed right outside the White House’s West Wing. He called it a “historic” milestone, coming straight from the first-ever White House Crypto Summit. He gave props to Trump’s leadership and focus on clear regulations, connecting those efforts to a boost in the economy. 

Historic day at the Whitehouse Digital Asset Summit. Thanks to @POTUS’s leadership, along with @DavidSacks, the U.S. now has a Strategic Bitcoin Reserve and emerging regulatory clarity.

This is directly translating to economic growth in the U.S. For instance, Coinbase plans to… pic.twitter.com/5ARspOgDZy

— Brian Armstrong (@brian_armstrong) March 7, 2025

“President Trump has breathed life back into the crypto industry,” Armstrong said. “Coinbase is planning to hire about 1,000 people here in the U.S. this year as a direct result of his actions already in the first 60 days or so.”

Trump’s big goal is to put the U.S. at the forefront of digital assets that lit up the summit. He pushed Congress to pass crypto laws by August, stating, “I promised to make America the Bitcoin superpower of the world and the crypto capital of the planet, and we’re taking historic action to deliver on that promise.”

The event drew some major players, like Michael Saylor from Strategy and the Winklevoss twins, who run Gemini, showing just how much pull the industry is gaining.

This all comes as U.S. regulators start to ease up. The SEC recently let go of lawsuits against big names like Kraken, Gemini, and Coinbase, hinting at a shift toward supporting growth instead of throwing up walls. 

At the same time, Coinbase is looking beyond borders, locking in registration with India’s Financial Intelligence Unit—a savvy step to jump back into a market eager for digital progress.

With rules easing up and strong backing from leadership, Armstrong’s pledge to hire more people reflects growing excitement in the crypto world. Coinbase’s steps show they’re confident the U.S. can lead the way in blockchain and financial tech, setting the stage for a thrilling new chapter.

Also Read: Patrick Bet-David Owns XRP but Keeps Bitcoin on Top

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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