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.

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.

President Trump’s crypto summit with CEOs and investors follows executive orders designed to boost an industry whose reputation has been tarnished by scandals.

"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."

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,

Industry experts have lauded President Donald Trump's executive order establishing a Strategic Bitcoin Reserve, viewing it as a transformative step that could spur global adoption and legitimize Bitcoin (CRYPTO: BTC) as a financial asset.

Donald Trump’s recent endorsement of stablecoin legislation and executive order creating a U.S. Bitcoin Reserve might raise an important question: Are these signs of a sincere commitment to financial innovation,