Coinbase Collaborates with Global Government Agencies as Trump Pushes Crypto into the Spotlight

Coinbase CEO says institutional interest in crypto awareness is growing.

Written by Radhika Parashar, Edited by Siddharth Suvarna | Updated: 17 March 2025 19:31 IST

Coinbase Collaborates with Global Government Agencies as Trump Pushes Crypto into the Spotlight

Photo Credit: Unsplash/ PiggyBank

Coinbase is currently working with 145 US government entities in the US and 29 international ones

Highlights

Trump’s pro-crypto steps in the US sparked excitement in Web3 sector
Coinbase has yet to disclose the government agencies it collaborates with
Coinbase to launch crypto education for government agencies

Coinbase has announced partnerships with over 100 government agencies across the US and other countries to enhance their understanding of the crypto sector. CEO Brian Armstrong shared the update on X over the weekend, stating that institutional interest in crypto has surged following Donald Trump's pro-crypto stance as the newly elected 47th President of the US.

According to Armstrong, Coinbase is currently working with 145 US government entities to support crypto custody and trading. Additionally, the exchange is collaborating with 29 international government agencies to improve their knowledge of virtual digital assets (VDAs). However, specific details on the agencies involved have yet to be disclosed.

“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,” the company said.

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This month, President Trump announced the strategic reserves of Bitcoin and altcoins seized by federal agencies during criminal and civil investigations. Armstrong's X post claimed that more institutional investors are now seeking crypto awareness following the announcement of US' crypto reserves.

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

Coinbase said it will be bringing awareness and educational initiatives, as well as portfolio and treasury management for its government clients.

“We're committed to helping governments understand market structure, implement technical solutions, and effectively manage risk in the crypto economy,” the exchange noted.

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Owing to the rising number of crypto-related crime like hacks, scams, and money laundering – the need to train government officials and law enforcement agencies in Web3 has risen.

In June last year, Binance sent over a team of officials to meet with law enforcement officers in Macau. The aim was to train officers in understanding loopholes in Web3 technologies that could help them catch criminals.

Prior to that in 2022, Chainalysis also launched its subsidiary dubbed Chainalysis Government Solutions, to aid US government agencies in investigating crimes related to crypto.

Countries like Malaysia and India are also turning to crypto firms and blockchain experts to become more well versed about safer crypto custody techniques alongside improved ways to track related crimes.

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Further reading: Cryptocurrency, Coinbase, Brian Armstrong, Donald Trump

Radhika Parashar

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Radhika Parashar is a senior correspondent for Gadgets 360. She has been reporting on tech and telecom for the last three years now and will be focussing on writing about all things crypto. Besides this, she is a major sitcom nerd and often replies in Chandler Bing and Michael Scott references. For tips or queries you could reach out to her at RadhikaP@ndtv.com. More