Coinbase
$488.79M
has selected former UK Chancellor of the Exchequer George Osborne to lead its Global Advisory Council.
According to a report from Reuters, this appointment aligns with Coinbase’s intention to strengthen relationships with government officials, not just in the United States but especially in the UK and Europe.
Osborne’s role will focus on guiding conversations with policymakers on stablecoin payments, new tokenized financial products, and improving crypto taxation rules.
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Coinbase Chief Policy Officer Faryar Shirzad noted that assembling the council is part of Coinbase’s efforts to build stronger international policy connections.
Osborne will now be more directly involved in the exchange’s regulatory discussions and outreach. Osborne stated in a post on X:
Serving on Coinbase’s advisory council for over two years, I have seen the blockchain revolution and the potential to spread ownership to many left behind by the system. Chairing it is an amazing opportunity to learn more.
The advisory council update is the latest in a series of international initiatives for Coinbase, following its purchase of Deribit, a crypto derivatives exchange, and feature additions like stock tokenization, prediction market access, and the intent to roll out perpetual futures by 2026.
Coinbase recently expanded its payment offerings in Poland by adding support for Blik, the country’s mobile payment network. What did PPro executive Tom Benson say? Read the full story.
