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Coinbase, a leading cryptocurrency exchange, has announced plans to hire 1,000 new employees in the U.S. in 2025. This decision follows the White House Crypto Summit and is attributed to improved regulatory clarity under the Trump administration. Coinbase CEO Brian Armstrong credited the move to President Trump's pro-crypto policies, particularly noting the impact of the SEC dropping its enforcement action against the company. Armstrong highlighted the significance of Trump's Bitcoin reserve order, suggesting that the industry is experiencing a resurgence with lawmakers racing to pass major legislation.
[𝕏] Coinbase to Hire 1,000 US Workers, Credits President Trump for Revitalizing Crypto Industry $COIN
JUST IN: Coinbase hiring all of Crypto Twitter https://t.co/ji72wiiKWK
🇺🇸 JUST IN: Coinbase plans to hire 1,000 US employees, crediting President Trump for revitalizing the crypto industry https://t.co/hNIhhYroFE