WASHINGTON, D.C. — As he walked out of the White House’s crypto summit on Friday, Coinbase CEO Brian Armstrong said his U.S. exchange is planning to hire a thousand people because of the policy progress the industry seems to be making at the beginning of President Donald Trump’s second term.
“It’s only been, what, 50 days or something like that, and it’s already created enough of a tailwind that we feel more confident in investing in the United States and growing our business here,” Armstrong told CoinDesk. He said the hiring would take place this year.
Coinbase, specifically, watched the U.S. Securities and Exchange Commission completely abandon its pivotal enforcement action against the leading U.S. crypto platform. The company had been fighting the expensive legal dispute in federal courts over fundamental questions in regulatory jurisdiction over digital assets. That question is now in Congress’ hands rather than continuing as a…
