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Coinbase's 2025 Hiring Spree: 1,000+ US Jobs Thanks to Trump's Crypto Policies

Coinbase's 2025 Hiring Spree: 1,000+ US Jobs Thanks to Trump's Crypto Policies

Cryptocurrency News

Coinbase CEO Brian Armstrong announced plans for a significant hiring surge in the United States, adding over 1,000 jobs in 2025. He directly attributes this expansion to the pro-crypto policies of President Donald Trump.

Significant Hiring Boost for Coinbase

Armstrong stated in a recent video posted to X (formerly Twitter) that the decision to hire is a direct response to the positive impact of President Trump's administration on the cryptocurrency industry. This hiring spree represents a substantial increase in Coinbase's workforce, adding approximately 27% to its current employee count of 3,772 (based on recent data from Stockanalysis).

Armstrong highlighted the current political climate as the most crypto-friendly Congress in history. He filmed the announcement outside the White House following a White House Crypto Summit, attended alongside other prominent figures in the industry, including the Winklevoss twins and Michael Saylor.

Coinbase, Brian Armstrong, Cryptocurrency Exchange

Source: Brian Armstrong

Market Context and Past Layoffs

This hiring announcement comes amidst a recent market downturn. Coinbase’s (COIN) stock price has experienced a decline, mirroring broader trends in the crypto and stock markets following Trump’s proposed tariffs. Despite this, Armstrong expressed optimism about the future of the industry, crediting Trump's pro-crypto policies with revitalizing the sector.

Coinbase Stock Price

Source: Google Finance

It’s important to note that this significant hiring plan comes two years after Coinbase underwent layoffs. In 2023, the company reduced its workforce by 950 employees (approximately 20%), a response to the previous crypto winter.

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