CandleFocus Coinbase CEO Armstrong Says He'll Hire 1,000 in U.S. as Crypto Tide Turns
2025-03-08
Author: Content Editor
Coinbase CEO Brian Armstrong announced plans to hire a thousand people after attending a crypto summit at the White House. Armstrong cited the progress in crypto-related policies under President Donald Trump's second term as the reason for the hiring. Coinbase had recently seen the US SEC drop its enforcement action against the company, shifting the regulatory jurisdiction over digital assets to Congress. Armstrong also expressed support for Trump's executive order calling for the establishment of a bitcoin reserve. Bo Hines, the executive director of the President's Working Group on Digital Assets, stated that the summit reflected Trump's commitment to making the US the crypto capital of the world.
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