Coinbase is aiming to hire "hundreds" of people for its new India hub, and is giving a $1,000 cryptocurrency bonus.
According to Brian Armstrong, co-founder and CEO of cryptocurrency exchange platform Coinbase, the company is trying to expand its operations in India. Coinbase's India development plan includes hiring, a basic crypto education curriculum, and physical locations in important cities. "Coinbase is establishing a presence in India. Come join our amazing team already in place "Armstrong sent out a tweet.
Coinbase is launching a new curriculum called CIkka-Coinbase India Sikka to help new recruits learn the products and services they provide through Coinbase. The exchange will provide each new employee in India with a one-time $1,000 in cryptocurrency as part of this program.
Faced with the threat of a crypto prohibition in India, Coinbase revealed intentions to create a hub in Hyderabad in March.
Even if the Indian government enacted an outright ban - a possibility that appears to have faded in recent months - Coinbase's intentions in the country are unlikely to be harmed if its operations are focused on engineering and software development.
Infrastructure, crypto, blockchains, data engineering, platform payments, cloud, machine learning, growth, and product engineering are just a few of the areas where Coinbase has teams. These teams would be led by local engineering directors in India to make local decisions.
Coinbase is building out an office in India! 🇮🇳 Amazing team already in place - come join us.https://t.co/yCaJk681pZ— Brian Armstrong (@brian_armstrong) July 2, 2021