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Coinbase enlists ex-US lawmakers for global advisory council

Gary Flanders by Gary Flanders
2 years ago
Coinbase enlists ex-US lawmakers for global advisory council

Coinbase Global Inc. has taken a strategic step towards overcoming the regulatory hurdles of the crypto industry in the United States. The company has unveiled its Global Advisory Council, a team of seasoned former lawmakers who will provide invaluable guidance on navigating crypto regulation’s complex corporate and bureaucratic landscape. With this move, Coinbase is poised to stay ahead of the curve and continue to lead the way in the ever-evolving world of cryptocurrency.

Coinbase has recently announced the formation of its Global Advisory Council, as per a blog post shared by the company. The council is designed to guide the firm as it navigates the ever-changing landscape of the crypto industry and strengthens its relationships with key stakeholders worldwide. The council will comprise not only politicians but also top industry leaders. Coinbase’s CEO, Brian Armstrong, and Chief Strategy Officer, Faryar Shirzad, have taken to Twitter to welcome the first members of this esteemed council.

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Welcome @SenToomey, @TimRyan, @JohnAnzo, @RepSeanMaloney, and @chrislehane  to the Coinbase Global Advisory Council.  Excited to work with you to update the financial system and get regulatory clarity for crypto. https://t.co/lqk38ZudcI

— Brian Armstrong (@brian_armstrong) May 12, 2023

Coinbase has announced the esteemed members of its Global Advisory Council, comprising former US Senator Pat Toomey, former US Congressmen Tim Ryan and Sean Maloney, top political strategist John Anzalone, and Haun Ventures’ Chief Strategy Officer Chris Lehane. The council combines experience and expertise to guide Coinbase’s strategic direction and ensure its success in the global marketplace.

The esteemed Global Advisory Council is set to offer invaluable insights and strategic expertise to Coinbase’s senior management team as they navigate the complex regulatory landscape in their quest for worldwide expansion and universal crypto accessibility. In the upcoming weeks, Coinbase will welcome distinguished leaders from domestic and international spheres to augment the Council’s diverse perspectives.

“The Advisory Council will strengthen our efforts with stakeholders across the community as we seek to responsibly deploy crypto to help make the financial system more open, accessible, and fair,” Coinbase stated. 

The newly formed council will guide Coinbase’s leadership team and collaborate with the esteemed Coinbase Asset Management Academic and Regulatory Advisory Council. This council boasts an impressive lineup of experts, including former SEC Chairman Jay Clayton and Former CIA General Counsel Courtney Elwood, among other notable figures. Together, these councils will ensure that Coinbase remains at the forefront of the industry, adhering to the highest standards of professionalism and excellence.

Tags: BRIAN ARMSTRONGCoinbaseExchange
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Gary Flanders

Gary Flanders

Passionate writer who is keenly exploring crypto and Blockchain loves to know about new things and explore what is happening in the world. Cherishes writing, primarily about cryptocurrency and Blockchain.

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