America’s biggest cryptocurrency exchange has just named George Osborne as the chair of its internal advisory council.
He is the ex-Chancellor of the Exchequer who once steered the UK’s finances through tough times and is now set to guide one of the leading players in digital assets.
George Osborne’s growing role at Coinbase
He first joined as an advisor back in 2024, right in the thick of the company’s high-stakes showdown with the US Securities and Exchange Commission (SEC).
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Now, stepping up to lead the council, George Osborne is helping Coinbase push its agenda further, especially when it comes to building ties with governments around the globe, as reported by Reuters.
Osborne himself broke the news via an X post, and he sounded genuinely thrilled about it.
“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,” he shared.
“Chairing it is a wonderful opportunity to learn more.”
Just a few months back in August, Osborne called out the UK for lagging in crypto rules and innovation, warning that without action, the British pound could lose ground.
He highlighted the scarcity of pound-backed stablecoins, pointing out how US-dollar ones are dominating and strengthening the dollar’s grip as the world’s top currency.
This leadership role for George Osborne arrives as Coinbase ramps up big time.
In related developments, Coinbase is pushing hard to become your go-to spot for all things money. They even launched a business platform in Singapore. They say their prediction market platform may be well on its way.
With George Osborne at the advisory forefront, Coinbase looks poised to navigate the evolving regulatory landscape while chasing that “everything app” dream in finance.
