CEO Brian Armstrong of Coinbase affirmed that government institutions from 145 US States and 29 countries now work with the company as Crypto adoption gains mainstream support. Through his recent social media update Armstrong announced that 145 U.S. government organizations and 29 international entities partner with Coinbase. He shared:
“Across federal, state, and local, Coinbase now works with 145 government entities in the U.S. and 29 government entities outside the U.S. In the wake of the U.S. Strategic Bitcoin Reserve launching, we’re seeing many more take an interest.”
Across federal, state, and local, Coinbase now works with 145 government entities in the U.S. and 29 government entities outside the U.S.
In the wake of the U.S. Strategic Bitcoin Reserve launching, we're seeing many more take an interest.
We'd like to help everyone custody,… pic.twitter.com/2R0Dy3BuHe
— Brian Armstrong (@brian_armstrong) March 12, 2025
U.S. Government Recognizes Bitcoin as a Strategic Asset
The U.S. government’s new policy position drives more institutions to use cryptocurrency. President Donald Trump issued his Executive Order to start the US Strategic Bitcoin Reserve and accepted Bitcoin as a vital financial resource. Our national program works to include digital assets into the money system.
The White House held its initial crypto industry gathering which gathered policymakers and experts to talk about digital asset use in the United States. Being the first-ever crypto summit stood out as positive news because leaders talked about creating regulatory stability while bringing in larger businesses to invest.
Coinbase Supports Government Institutions in Crypto Adoption
Trump plans to create a special cryptocurrency reserve by adding Ethereum ETH, XRP, Solana SOL and Cardano ADA to the holdings. The company aims to support government institutions with its “trusted crypto partner” service to help them adopt cryptocurrencies. The company declared these points:
“Governments around the globe are expanding their participation in the cryptoeconomy. Whether that means embracing bitcoin as a store of value or leveraging blockchain technology to make critical systems run more efficiently, public-sector institutions are rapidly becoming major players in crypto.”
According to Coinbase, the organization holds 12% of the entire cryptocurrency market capitalization while maintaining its status as a top industry partner for institutions. The exchange established institutional crypto services 13 years ago and protects 430 different digital assets today.
Coinbase Re-Enters India With Regulatory Approval
Coinbase leads worldwide expansions by adding new markets to its network. The company advanced its re-entry plan to the Indian market by obtaining registration from India’s Financial Intelligence Unit. The better Indian crypto regulations and customer support for digital assets give Coinbase the opportunity to grow fast in the world’s number one market for crypto.
JUST IN: Coinbase CEO Says More Governments Embracing Crypto Post US Reserve🔥
— DefiDaddy (@RealDefiDaddy) March 13, 2025
Governments across the world are using blockchain technology for purposes beyond Bitcoin investment. More public institutions adopt blockchain to protect their financial operations while making secure records and handling funds better. These organizations move toward digital transformation.
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Regulatory Clarity to Drive Coinbase’s Long-Term Growth
Armstrong believes Coinbase can succeed over time because established rules will help guide the company’s development. The company wants to add 1000 staff members by 2025 to build its operations across America and worldwide.
Armstrong predicted Coinbase would grow its U.S. operations and partner with global firms when governmental rules established constitutional ground for business.
The move to work with public institutions demonstrates how governments are accepting digital assets into financial systems which support cryptocurrency acceptance by traditional institutions. The company develops blockchain solutions for institutions today to lead the transformation of the world’s digital currency markets.
Conclusion
Coinbase’s collaborations with governments across different nations show that organizations now accept cryptocurrency as a regular financial system participant. The company is expected to grow strongly due to improving government regulations plus organizational acceptance of blockchain technology. Coinbase builds its global business relationships and works with institutions which makes it more powerful in defining digital asset trends.
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FAQs
What is the U.S. Strategic Bitcoin Reserve?
It’s a government initiative recognizing Bitcoin as a key financial asset, aiming to integrate crypto into the U.S. economy.
How is Coinbase working with governments?
Coinbase partners with 145 U.S. and 29 global entities to support crypto custody, trading, and blockchain adoption.
Why is Coinbase expanding in India?
Coinbase registered with India’s FIU to reenter the market, leveraging improved regulations and growing crypto adoption.
Glossary of Key Terms
- Coinbase – A leading cryptocurrency exchange and blockchain services provider.
- U.S. Strategic Bitcoin Reserve – A government initiative recognizing Bitcoin as a strategic financial asset.
- Crypto Summit – A White House meeting discussing regulatory clarity and digital asset adoption.
- Financial Intelligence Unit (FIU) – India’s financial regulator overseeing crypto compliance.
- Blockchain – A decentralized digital ledger technology used for secure transactions.
References
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