Coinbase CEO plans to hire 1,000 U.S. workers, saying Trump 'breathed life back' into industry

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Coinbase CEO plans to hire 1,000 U.S. workers, saying Trump 'breathed life back' into industry

//politics-government.news-articles.net/content/ .. ying-trump-breathed-life-back-into-industry.html

Published in Politics and Government on Monday, March 10th 2025 at 12:20 GMT by Fortune

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Coinbase CEO Brian Armstrong announced plans to hire 1,000 new employees in the U.S., attributing the decision to a revitalization of the cryptocurrency industry following former President Donald Trump's supportive stance. Armstrong highlighted that Trump's policies and rhetoric have "breathed life back into the industry," which had been facing regulatory challenges and a downturn in market conditions. This hiring spree is part of Coinbase's strategy to expand its operations and influence in the U.S., amidst a backdrop of increasing political and regulatory attention towards cryptocurrencies. Armstrong's comments also reflect a broader optimism in the crypto sector, spurred by Trump's recent comments on digital assets and his engagement with the industry.

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