Brian Armstrong Announces 1,000 New US Jobs During Crypto Policy Boom

Brian Armstrong, CEO of Coinbase (Nasdaq: COIN), shared his thoughts on recent policy developments following the White House’s first-ever digital assets summit. The event, which gathered lawmakers and industry leaders, focused on the future of cryptocurrency regulation and adoption.

Taking to social media platform X on March 7, Armstrong described the summit as “an incredible event” and a “historic moment” for the crypto industry. He credited President Trump with revitalizing the sector, stating, “President Trump has breathed life back into the crypto industry.”

Coinbase Expands Hiring Amid Policy Shifts

Armstrong highlighted the direct impact of Trump’s actions on Coinbase’s operations, announcing plans to hire around 1,000 new employees in the U.S. this year. He also noted, “These policies really matter. And this is the most pro-crypto Congress we’ve ever seen as well.”

Super political action committees (super PACs) have played a key role in electing pro-crypto lawmakers. Fairshake, one of the leading crypto-focused PACs, has received backing from Coinbase and other major firms to influence policy decisions in Washington, D.C.

The summit followed a major executive order from President Trump, establishing a strategic Bitcoin reserve and expanding the U.S. crypto stockpile. The reserve will reportedly include top cryptocurrencies such as ether (ETH), XRP, solana (SOL), and cardano (ADA).

Armstrong stressed the need to solidify this initiative into law, calling it a strategic advantage for the U.S. in the evolving digital asset landscape. “We’re going to keep showing up, trying to be an educational resource, and see if we can get some legislation passed as the next step,” he said.

He also pointed out ongoing legislative efforts in Congress, where lawmakers are working on bills addressing stablecoin regulations and market structure. Armstrong revealed that President Trump urged Congress to pass crypto legislation before the August recess, emphasizing, “A bipartisan majority in Congress is moving with urgency.”

Looking ahead, Armstrong remains optimistic about America’s leadership in crypto, stating, “I think the rest of the G20 are looking at America now on offense in this industry and will be likely to follow suit.”