TechFlow reported, according to CoinDesk, Coinbase CEO Brian Armstrong said after attending the White House cryptocurrency summit that the company plans to hire 1,000 employees in the United States in 2025, benefiting from the Trump administration's positive policy shift toward the crypto industry.
Brian Armstrong stated that the significant policy momentum brought by Trump’s second term within just 50 days has strengthened the company's confidence in investing and expanding in the U.S. He said, "The U.S. government is the best entity to hold BTC. It is becoming a core part of the financial system, and I believe over time it will become part of every diversified investment portfolio."
Coinbase played a key role during the 2024 election cycle, contributing tens of millions of dollars to Fairshake, a cryptocurrency-focused political action committee. Brian Armstrong said Coinbase will continue supporting this super PAC, which he described as having "done an excellent job" in backing pro-crypto candidates.
