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Coinbase CEO's journey from no 'political causes' to hiring DOGE staff

cryptoweekly by cryptoweekly
May 20, 2025
in bitcoin, News
0

Brian Armstrong recently said it’s “not [his] place” to question Donald Trump’s ties to crypto, but the CEO, like many in the industry, has been getting more political.

Five years ago, Brian Armstrong wanted employees of his cryptocurrency exchange to refrain from expressing political views at work. Now, the Coinbase CEO seems to be open to involvement with Republican figures, including members of US President Donald Trump’s inner circle.

In a May 13 X post, Armstrong said members of the Department of Government Efficiency (DOGE) team, spearheaded by Elon Musk, though not set up as an actual department, would be welcome to implement cost-cutting changes at Coinbase after leaving the US government.

Armstrong offered to set up an accelerated onboarding process with the exchange, responding to an interview in which at least one DOGE staffer felt ostracized from Harvard University, where he had been enrolled.

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Recent Posts
  • Meta Pool hit with $27M exploit, but attacker flees with only $132K
  • JPMorgan, SEC meet to discuss capital markets moving onchain
  • SEC opens Franklin Templeton XRP, SOL ETF proposals to comments
  • US Senate passes GENIUS stablecoin bill in 68-30 vote
  • 25% Bitcoin price rally set to follow today’s correction if history repeats
  • JPMorgan pushes JPMD pilot on Base, says deposit tokens beat stablecoins
  • Ether price stable near $2.4K as crypto investors bet on long-term growth

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