Coinbase CEO: "U.S. Bitcoin Accumulation Followed by Increased Government Acceptance of Digital Assets"

2025-03-13 11:15
BLOCKMEDIA
Block Media
Coinbase CEO: "U.S. Bitcoin Accumulation Followed by Increased Government Acceptance of Digital Assets"

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# U.S. Strategic Bitcoin Reserve Policy Spurs Global Government Interest in Digital Assets Governments worldwide are increasingly engaging in the digital asset (cryptocurrency) sector following the United States' introduction of a strategic Bitcoin reserve policy, according to emerging analyses. On the 12th, Coinbase CEO Brian Armstrong announced via his X account (formerly Twitter) that the company is providing custodial and transaction services through partnerships with 145 U.S. and 29 global government agencies. "Coinbase is providing asset custodial, transaction, and blockchain infrastructure services to government agencies in the U.S. and abroad," Armstrong stated. He elaborated that the U.S. strategic Bitcoin reserve policy has spurred interest in digital assets among government agencies, with more institutions seeking to integrate digital assets into their financial systems. Armstrong also noted that Coinbase supports the adoption of digital assets by government agencies by offering portfolio management, due diligence, and technical solutions. Additionally, he revealed plans to accelerate expansion within the U.S. by hiring an additional 1,000 employees by 2025, driven by improved regulatory clarity.
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