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.
A sharp divide is emerging between global banking authorities and crypto industry leaders over the future of digital finance.
Anthony Pompliano has voiced strong opposition to Donald Trump’s recent push to remove Federal Reserve Chair Jerome Powell, warning that such a move could damage the credibility of the U.S. financial system.
As Washington pulls back on its crypto enforcement, Oregon is stepping up.
In a move that underscores its ambition to bridge crypto and traditional finance, Ripple is expanding the role of its newly acquired prime brokerage platform, Hidden Road.