Coinbase Loses 60 Employees Over New Apolitical Mission
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Over 60 employees have left the Coinbase cryptocurrency exchange due to the company's new controversial policy.

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According to a blog post written by the exchange's head Brian Armstrong, approximately 5% of employees (60) have decided to take the exit package.

Armstrong confirmed that Coinbase recognizes there is a "blurry line" between political statements or not, and asked employees to use good judgment.

"Our goal is not to look for violations, but rather to support employees in adapting to these clarified expectations," he added.

Armstrong claims the exchange's mission is not to just focus on profits only but rather stand for accomplishing the mission and for creating a "great place to work." However, growing revenue and profit is — according to Coinbase CEO — the only way the cryptocurrency trading platform will be able to grow its team to build all the things "that are needed to accomplish the mission."

iHodl previously reported that the US-based crypto trading platform offered an exit package to employees who no longer want to work for the company after it declared its apolitical mission.

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Coinbase CEO published a blog post in September in which he explained the reasons why the exchange is now focused primarily on cryptos rather than social activism.

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