Coinbase appoints former UK minister George Osborne to chair advisory council
NeutralCryptocurrency
- Coinbase has appointed former UK Chancellor George Osborne to chair its advisory council, a move that follows his advisory role with the company since 2024. Osborne has been vocal about the UK government's insufficient digital asset regulations, highlighting the need for a more robust framework in the cryptocurrency sector.
- This appointment is significant for Coinbase as it seeks to strengthen its influence and navigate regulatory challenges in the UK market. Osborne's experience and connections may help the company advocate for clearer regulations that could benefit the broader cryptocurrency ecosystem.
- The appointment comes at a time when the cryptocurrency landscape is evolving, with various financial institutions exploring digital currencies and regulatory frameworks. As Coinbase expands its services and partnerships, including collaborations with banks like Standard Chartered, the need for effective regulation and strategic guidance becomes increasingly critical amid fluctuating market conditions.
— via World Pulse Now AI Editorial System
