Coinbase to Hire 1,000 as U.S. Crypto Policy Gains Clarity
Coinbase CEO Brian Armstrong says they will hire 1,000 people in the US by 2025, thanks to improving regulatory clarity under Trump.
He made the announcement after the White House Crypto Summit where he and other industry leaders met with government officials to discuss crypto regulation.
Armstrong’s hiring is a sign that crypto companies are getting more comfortable operating in the US after big regulatory changes.
The SEC has dropped its enforcement case against Coinbase.
Operation Chokepoint 2.0 is set to end under Trump’s directive.
Stablecoin legislation is now a priority for Congress.
COINBASE TO HIRE 1000 PEOPLE THIS YEAR : CEO BRIAN ARMSTRONG $COIN
— Crypto Macro (@cryptomacro14) March 7, 2025
Trump Administration’s Crypto Policy Changes
At the White House Crypto Summit, the Trump administration announced they will end Operation Chokepoint 2.0, the controversial program that critics said stifled crypto innovation by limiting banking access. The President also stressed the need for stablecoin regulations before Congress recesses for the summer.
According to Bo Hines, executive director of the President’s Working Group on Digital Assets, the administration wants to make the US a leader in crypto innovation. The Treasury and Commerce Departments are now looking into ways to invest in Bitcoin without burdening taxpayers.
Regulators are working toward a unified crypto policy framework.
Bitcoin’s role in the U.S. economy is under active discussion.
New policies aim to prevent excessive regulatory overreach.
These policy changes have given crypto companies like Coinbase more reason to be optimistic. They had faced significant legal challenges under the prior regulatory environment.
US to Have a Strategic Bitcoin Reserve
Another big development was the US government considering a Strategic Bitcoin Reserve. This would be a historic shift in how the government views digital assets, recognizing Bitcoin as a financial instrument rather than a speculative asset.
Armstrong welcomes this and says a federal Bitcoin reserve would strengthen the US financial system. Analysts think this could encourage other countries to formally include Bitcoin in their sovereign asset holdings.
VanEck has proposed budget-neutral ways to expand the Bitcoin Reserve.
Government-backed Bitcoin could stabilize market volatility.
Institutional adoption will accelerate as regulations improve.s improve.
With regulation getting clearer and institutions getting behind it, Armstrong thinks this is the start of the crypto recovery. More companies will hire and invest in the US if this keeps up.
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