Coinbase, a US-based crypto exchange giant, is looking to expand its workforce in India, despite facing regulatory setbacks for its products. The company is actively looking to fill various tech and product roles, both remotely and at locations in Bengaluru and Hyderabad such as software and technology engineers, engineering managers, data scientists and vendor management analysts. It is estimated that around 30 positions have been listed on Coinbase’s LinkedIn page in the last three weeks. The move is seen as part of a broader trend among cryptocurrency companies to establish tech talent hubs in India. Despite earlier layoffs in 2022 and 2023, Coinbase is continuing its commitment to India, investing in talent acquisition in the market. The Indian launch in 2022 saw Coinbase express plans to expand its tech hub with the addition of over 1,000 people in 2022. Unfortunately, challenging regulations have arisen, such as high taxes on crypto gains and difficulties associated with UPI-based payments. However, Coinbase is pressing ahead with its plans, aiming to leverage the talent and market in India.



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