Coinbase Plans to Close Its San Francisco Headquarters in 2022

  • The company has previously said it has ‘remote first’ attitude
  • The crypto exchange will have a network of smaller offices
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Coinbase Global Inc., the biggest U.S. cryptocurrency exchange, plans to close its San Francisco headquarters next year and let employees continue to work remotely.

This announcement on Twitter Wednesday wasn’t a complete surprise. A year ago, Chief Executive Officer Brian Armstrong announced the exchange would be “remote first” and not have a specific headquarters.