TLDR

Key Highlights:
  • Coinbase to open new office in Charlotte, NC, hiring 130 employees

  • Focus on compliance and customer support roles

  • Expansion aligns with Trump's "America First" agenda and Armstrong’s hiring pledge

  • Part of broader effort to localize operations while remaining "remote first"

  • Charlotte chosen for its growing fintech talent pool

Coinbase Commits to U.S. Expansion with Charlotte Office

Crypto exchange Coinbase is opening a new office in Charlotte, North Carolina, with an immediate commitment to hire 130 employees, primarily in compliance and customer support. The move follows CEO Brian Armstrong’s March pledge to create 1,000 domestic jobs under President Trump’s pro-crypto administration.

Charlotte: A Strategic Fintech Hub

Coinbase cited Charlotte's reputation as a rising financial and tech hub as a key reason for the expansion. While Coinbase remains a remote-first company, select roles require in-office presence, and Charlotte is seen as an ideal base for supporting U.S. operations.

The company has faced criticism for slow customer service and intends to improve support systems through on-the-ground hiring.

Coinbase Aligns with Trump Administration

Armstrong was a vocal supporter of Trump’s re-election and has been involved in policy discussions surrounding crypto regulation. Coinbase also donated over $100 million to pro-crypto PACs, further aligning itself with the administration’s agenda.

The Charlotte expansion is a signal of Coinbase’s intent to reinvest in U.S. communities and establish a stronger regulatory footprint.

Read the full article on theblock.