As President Donald Trump ends Bitcoin because they would be subject to securities laws. Coinbase originally sought to bring tokenized securities to the American market in 2021 through an S1 filing with the Securities and Exchange Commission.
"Never sell your Bitcoin. That's a little phrase that they have," Trump said during a Friday press conference. "I don't know if that's right or not."
In a face-to-camera video outside the White House on March 7, Brian Armstrong announced that following the Crypto Summit, Coinbase plans to hire around 1,000 more employees in the US.
Earlier in the day, President Donald Trump said he continues to believe that Russian President Vladimir Putin wants peace and that he is “finding it more difficult, frankly, to deal with Ukraine.” Trump also addressed a White House cryptocurrency summit,
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