145+ U.S. Government Agencies Partner with Coinbase Amid Bitcoin Adoption

Coinbase CEO Brian Armstrong announced that government adoption of cryptocurrency is surging as the U.S. creates the U.S. Strategic Bitcoin Reserve.

In a recent post on X, Armstrong said that Coinbase now works with 145 U.S. government entities and 29 international agencies, offering custody, trading and blockchain infrastructure.

This is a big shift in institutional crypto adoption and Coinbase is a key player in the public sector’s digital asset strategy. Governments are not only accumulating Bitcoin but also integrating blockchain into financial frameworks.

Governments Increase Crypto Partnerships

Coinbase has relationships with federal, state and international entities and provides them with:

  • Custody to hold digital assets.

  • Trading infrastructure for crypto transactions.

  • Blockchain integration to improve operations.

As a publicly traded company, Coinbase prioritizes compliance and security. We have held digital assets for over 13 years without a major security breach. We use advanced encryption, multi-factor authentication and physical security and are a trusted partner for government agencies.

India Reentry and Regulatory Milestones

In addition to U.S. partnerships, Coinbase recently registered with India’s Financial Intelligence Unit (FIU)—a big step towards reentering the country. This follows regulatory changes and growing crypto adoption in India, and we’re ready to expand in one of the biggest markets in the world.

Governments beyond the U.S. are exploring blockchain beyond Bitcoin investments. Public institutions are using blockchain for secure transactions, data integrity and financial management and it’s a broader shift towards digital transformation.

Coinbase’s Expansion Plans for 2025

Armstrong also said that Coinbase will hire 1,000 people in 2025, as we’re confident in regulatory clarity and long term growth. With more legal frameworks, we’ll expand in the U.S. and strengthen global partnerships.

As governments are adopting crypto, Coinbase’s role in institutional blockchain solutions is growing fast. Working with government agencies is a big milestone in legitimizing digital assets in traditional financial systems and integrating crypto into the global economy.

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ABOUT THE AUTHOR See More
Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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