Coinbase hires former Google Pay exec to steer India operations

Coinbase, a significant cryptocurrency alternate that went public on Nasdaq earlier this month, continues to actively broaden in India with a brand new rent.

The cryptocurrency alternate has employed Pankaj Gupta, a former Google Pay engineering lead in India and Asia Pacific, because the vice chairman of engineering and web site lead for India.

Saying the information Tuesday, Gupta mentioned that he can be answerable for “main and constructing from scratch the corporate’s expertise hub in India.” He additionally famous that Coinbase has began hiring in India, posting a number of job purposes.

Coinbase formally introduced plans to determine a enterprise presence in India final month, anticipating to open a bodily workplace in Hyderabad and begin hiring expertise in engineering, software program improvement and buyer assist. 

“The plan is to rent a whole lot of workers throughout all ranges in engineering, product administration, UX design, analysis and program administration inside the subsequent 1–2 years to construct out a full tech hub in India,” Gupta acknowledged in a weblog put up.

“To assist our bold progress plans in India, we may even discover startup acquisitions and acquihires,” he added.

Coinbase’s enlargement to India comes amid important uncertainty relating to the authorized standing of cryptocurrency within the nation. Since early 2021, a number of nameless sources have disseminated rumors on a supposed upcoming crypto ban in India. Finance minister Nirmala Sitharaman subsequently acknowledged that regulators didn’t wish to “shut all choices off,” and have been prepared to permit “sure home windows” for folks to make use of digital property like Bitcoin (BTC).