Coinbase's CEO, Brian Armstrong, announced the company’s plans to expand its workforce in the U.S. by hiring 1,000 new employees this year.
This move follows positive developments from the White House Crypto Summit, where regulators shared insights on the future of digital assets.
Armstrong attributed the boost in Coinbase’s hiring plans to recent actions by President Donald Trump, particularly his executive order establishing a strategic reserve for Bitcoin (BTC) and other cryptocurrencies.
According to Armstrong, these policies are expected to spark a significant economic shift, and Coinbase aims to be ready for the growth that follows.
Armstrong also highlighted that the current Congress is the most pro-crypto it has seen, with various legislative efforts underway. Stablecoin regulation is being addressed, and new laws are being considered to clarify the categorization of crypto assets.
Armstrong expressed optimism about formalizing the strategic Bitcoin reserve into law, viewing these steps as crucial for the industry’s future growth.
David Bailey, known for his close ties to Donald Trump on crypto policy, is preparing to launch a major Bitcoin investment vehicle named Nakamoto, backed by $300 million in funding.
A cryptocurrency trader reportedly lost $2.8 million in an hour after purchasing 1.39 million TRUMP tokens, aiming to secure a spot at an exclusive gala dinner with President Donald Trump.
Binance founder Changpeng Zhao has broken his silence about his time behind bars, describing the four months he spent in a U.S. prison as one of the most unsettling and eye-opening periods of his life. Speaking in a recent interview with Rug Radio, Zhao recounted the emotional and psychological toll of incarceration. Lacking U.S. citizenship […]
Israeli trading platform eToro is preparing to go public in the U.S., aiming for a valuation of up to $4 billion as it moves to list shares on the Nasdaq under the ticker “ETOR.”