Coinbase to Hire 1,000 in U.S., Capitalizing on SEC Settlement

Following the conclusion of its enforcement action with the SEC, Coinbase is poised for major expansion in the United States. Brian Armstrong, CEO, announced plans to hire 1,000 new employees by 2025 as part of a strategic shift towards greater U.S. presence. This move follows a period of regulatory uncertainty that has hindered growth and confidence for crypto businesses like Coinbase. This settlement signifies a positive shift in the regulatory landscape for crypto and will allow Coinbase to leverage favorable conditions for business expansion.