Coinbase to add 1,000 more jobs in the US in 2025, thanks to Trump – Brian Armstrong
COO of Coinbase CEO Brian Armstrong has confirmed that US President’s aggressive pro-crypto stance Donald Trump has led the leading crypto exchange to go to a rent of nearly 1,000 US-based employees in 2025.
“Coinbase plans to hire nearly 1000 people in the United States this year as a direct result of his actions that in the first 60 days or more,” Armstrong said in a video Na -Post to X on March 7.
Coinbase employees refer to Trump’s plan
“These policies are important; this is the most pro -crypto congress we have seen, too,” he said. Adding 1,000 more employees will increase the total power -making coinbase by almost 27%, according to the latest stockanalysis’ latest Datashowing that the crypto exchange currently has 3,772 employees.
Source: Brian Armstrong
Armstrong captures a face-to-camera video outside the White House in Washington DC after attending the White House Crypto Summit next other global leaders in the crypto industry Like Gemini founders Tyler and Cameron Winklevoss, the founder of the approach Michael Saylor, and Crypto.com CEO Kris Marszalek.
“We just left the Digital Asset Summit at the White House. This is an incredible event and a truly historical moment for our industry,” Armstrong said.
“President Trump breathes life back to the crypto industry,” he added.
Related: Coinbase Foia’s files to see how much the ‘War on Crypto’ costs
Human plans came across the Coinbase (coin) stock price drop by 22.40% last month. The price of the coin closed at $ 217.45 on March 7, According to In Google Finance data.
Refusal coincides with a greater collapse in the crypto and stock market following Trump’s suggested tariffs on China, Canada, and Mexico in February. 1.
Source: Finance on Google
Meanwhile, two years ago, the crypto exchange laid out a similar number of staff in the middle of the ongoing crypto winter. In January 2023, Armstrong said the exchange will cut 950 Jobs as part of the company’s steps to reduce operating costs around 25%.
Armstrong emphasized at the time the Coinbase was “well -enlarged” and the crypto was “not going anywhere,” but the company had to continue the disappearances to maintain “appropriate operational efficiency.”
Magazine: SEC U-Turn to Crypto leaves key questions that are not answered
