Coinbase Is Preparing to Grow. The Company Intends to Add 1,000 New Workers in the US by 2025

This decision comes as the nation's cryptocurrency laws become more defined, allowing businesses like Coinbase to function with greater assurance.

Coinbase is preparing to grow. In 2025, the company plans to add 1,000 new workers in the U.S., according to CEO Brian Armstrong. This decision comes as the nation’s cryptocurrency laws are becoming more defined, allowing businesses like Coinbase to function with greater assurance.

This compares favorably to 2022, when tough market conditions forced the exchange to lay off 1,100 workers, or about 18% of its global workforce. Now, as the legal landscape stabilizes, Coinbase is pivoting with a new strategy to invest in fresh manpower.

"This is directly translating to economic growth in the U.S.,” Armstrong stated on X, formerly Twitter.

"For instance, Coinbase plans to hire 1k more people in the U.S. in 2025 as we see emerging crypto clarity and the Strategic Bitcoin Reserve forming."

Historic day at the Whitehouse Digital Asset Summit. Thanks to @POTUS’s leadership, along with @DavidSacks, the U.S. now has a Strategic Bitcoin Reserve and emerging regulatory clarity.

This is directly translating to economic growth in the U.S. For instance, Coinbase plans to… pic.twitter.com/5ARspOgDZy

— Brian Armstrong (@brian_armstrong) March 7, 2025

The U.S. Securities and Exchange Commission (SEC) dropped its enforcement action against Coinbase. This move will see Congress take the lead in setting crypto rules, shifting focus from the SEC’s regulatory approach.

However, this change also removes a major barrier for Coinbase, which can now concentrate on expanding its business rather than engaging in legal battles as the SEC is no longer putting any legal pressure on it.

This optimism is evident in Armstrong’s announcement of onboarding new staff, highlighting the company’s bullish outlook as it pivots away from the setbacks of recent years.

The announcement comes after Friday’s Crypto Summit at the White House, where government officials and industry executives met to discuss regulating digital assets in a way that benefits investors and companies. According to Armstrong, these conversations influenced Coinbase’s employment decisions.

Crypto supporters have long urged the U.S. to introduce clearer regulations. Many believe that regulation will help the industry flourish while ensuring that companies operate within legal boundaries. Armstrong’s statement seems to indicate that the government is finally moving in the right direction.

According to the employment timeline, Coinbase appears to be in a better situation than it was a few years back. The company has been through layoffs, legal battles, and market downturns. Now, though, with regulatory clarity and less SEC intervention, the company now has its sights set on expansion.

All eyes will be on the crypto exchange behemoth as it prepares to accept a new batch of workforce.