In a series of changes affecting compensation and incentives at the cryptocurrency exchange, Coinbase said it’s eliminating negotiations on salary and equity from its recruiting process.

  • In a blog post Monday, Coinbase also said it has increased cash and equity compensation from the 50th percentile among the company's peers to the 75th across the entire firm.
  • Last week, Coinbase announced it is shutting the San Francisco office that once served as the company headquarters at least partly on the grounds the move will allow employees at any location to advance.
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