Coinbase has announced its intention to expand its office in Charlotte, North Carolina, with plans to increase its workforce.
Expansion Details
A company spokesperson confirmed the move, noting that Charlotte is becoming an important hub for fintech and compliance. The new hires will fill compliance and customer support roles over the next six months.
Hiring Plans
Considering the fast-growing population and skilled talent pool, Coinbase believes Charlotte is ideally suited to support the company's long-term growth. Coinbase has also announced plans to hire approximately 1,000 new employees in the U.S. this year.
Regulatory Outlook and New Product
The company has confirmed that it is considering applying for a U.S. federal bank charter. Meanwhile, Coinbase Derivatives has started trading in CFTC-regulated XRP futures, offering new opportunities for both institutional and retail traders.
Coinbase's expansion in Charlotte underscores the company's growing interest in the region as a financial technology hub and supports new product offerings.