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Coinbase Is Hiring 1,000 People Thanks To U.S. Crypto Boom
March 11, 2025 at 10:45 AMby The Block Whisperer
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Coinbase adds 1,000 jobs as Trump administration transforms US crypto landscape, making America a blockchain-friendly innovation hub.
Coinbase announced they're bringing on 1,000 new employees thanks to the change in U.S. sentiment.
Brian Armstrong is going full bull mode on American crypto expansion while his competitors are still playing defense.
The entire move is a direct response to Trump turning Washington from crypto enemy number one into blockchain's best friend.
Armstrong didn't mince words about why Coinbase is suddenly on a hiring bender.
Trump's executive order to create a strategic Bitcoin reserve changed the game overnight.
The White House Crypto Summit produced policy changes that Americans hoped for, and Armstrong has now opened his checkbook to bring in more talent.
The government officially blessed crypto by naming Bitcoin, Ethereum, Solana, XRP, and Cardano as potential reserve assets.
Congress is also actively working on stablecoin legislation that doesn't immediately make you want to move operations offshore.
The STABLE Act and GENIUS Act sound like crypto Twitter named them, but they're genuine attempts to give the industry some breathing room.
Meanwhile, the OCC told banks they could offer crypto services without jumping through special hoops that make operations exceedingly expensive and challenging.
We've gone from "crypto is for criminals" to "let's integrate this into our financial system" in a matter of months, and it’s giving everyone whiplash.
Traditional banks just got permission to play in the crypto sandbox without asking the government first, as the OCC guidance tells banks they can custody crypto, mint stablecoins, and use blockchain for payments just like any other financial tool.
This is the opposite of the bank choke-point strategy that had exchanges sweating bullets last year.
When banks can freely work with crypto companies, Coinbase suddenly needs a lot more customer service reps.
That means these 1,000 new positions aren't just for crypto bros who can explain what a blockchain is – Coinbase is staffing up across compliance, engineering, customer support, and institutional services to service these newly unshackled traditional banks.
Armstrong believes we're headed for an economic boom led by crypto, and he's putting Coinbase's money where his mouth is.
The company that was laying people off in 2022 is now becoming one of tech's biggest hirers in 2025.
Armstrong thinks this pro-crypto Congress might pass meaningful legislation instead of just discussing it, and codifying the strategic Bitcoin reserve into actual law would cement crypto's legitimacy beyond just executive orders.
Stablecoin legislation could create a framework that doesn't immediately kill innovation on contact.
After years of regulatory "clarity" that was about as clear as mud, we might get rules that don't require a team of lawyers to interpret.
Coinbase's hiring spree is the crypto equivalent of a bullish divergence indicator—when a major exchange starts staffing up like this, it's betting big on user growth that hasn't happened yet.
Armstrong is positioning Coinbase to capture the next wave of adoption that these pro-crypto policies will unleash.
This is about more t han Coinbase – it's about America potentially becoming the global epicenter of crypto innovation instead of pushing it overseas.
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