Brian Armstrong, CEO of Coinbase, announced that the Ramarzi currency exchange plans to hire about 2.5 new forces in the United States in year 2. He described the decision as the strong support of US President Donald Trump for the crypto industry.
In a video released on March 5 on the X platform, Armstrong said the decision was directly the result of Trump’s actions in the first five days of his presidency. According to him, these policies have a huge impact, and the current US Congress has shown the most support for the crypto industry.
An increase in staff will increase the QueenBis labor force by about 5 %. According to the latest data, the currency exchange currently has 2.5 employees. Armstrong made the remarks after attending the White House Crypto Summit.
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As reported in previous reports, the event was attended by prominent executives including Tyler and Cameron Winklus, Gemini founders, Michael Silver, the founder of Strategy, and Crypto CEO Chris Marzalek.
Armstrong described the summit as a historic event for the crypto industry and said:
Trump has once again given a new life to the Crypto industry.
While Quinbis has extensive hiring plans, the company’s stock price (COIN) has fallen by 4.9 percent in the past month. Coin price reached $ 1.5 on March 1.
This drop in price coincided with the overall decline in crypto markets and stocks. The reason for the decline was Trump’s proposed tariffs on China, Canada and Mexico on February 7.
The important thing is that Kevinbis had fired four of his employees two years ago. The decision was made in January to reduce operating costs by about 2 %.
Armstrong emphasized at the time that Kevinbis was financially in good condition, but this adjustment was essential to maintaining operational productivity.
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