Coinbase-Empower

Coinbase strengthens its vision with a global advisory council in the dynamic crypto market

Coinbase has taken a significant step in enhancing its global presence by establishing the Global Advisory Council. This council is tasked with providing invaluable insights and strategic expertise to the Coinbase leadership team as they navigate the complex and evolving landscape of the cryptocurrency industry. In a rapidly changing environment where the cryptocurrency sector is gaining prominence, this move is pivotal for Coinbase.

The newly formed Coinbase Advisory Council comprises esteemed members who bring a wealth of experience and knowledge to the table. This esteemed group includes former US Senator Patrick Toomey, former Congressman Tim Ryan, Chris Lehane, the Chief Strategy Officer at Haun Ventures, former Congressman Sean Patrick Maloney, and John Anzalone, the founder of Impact Research Polling. These members collectively represent a diverse set of skills and experiences that will prove invaluable to Coinbase.

The primary objective of the Advisory Council is to fortify Coinbase's relationships with stakeholders across the cryptocurrency community. Coinbase is committed to deploying cryptocurrencies responsibly, to make the financial system more open, accessible, and fair. The council will play a crucial role in articulating the case to stakeholders worldwide, advocating that cryptocurrencies and blockchain technology are ushering in a new era of the internet, underpinned by decentralized protocols.

Former Senator Patrick Toomey, who has served as a United States Senator, brings over a decade of legislative experience to the council. His understanding of the political landscape and policymaking will be an asset to Coinbase. Similarly, former Congressman Tim Ryan, who has served as a representative for 20 years, offers extensive political expertise and insights.

Chris Lehane, the Chief Strategy Officer at Haun Ventures, a venture capital firm specializing in crypto, will provide a unique perspective on the intricacies of cryptocurrency investments. His expertise in venture capital and strategy will be a valuable addition to the council.

John Anzalone, the founder of Impact Research Polling, is one of the nation's top pollsters and messaging strategists. His deep understanding of public sentiment and messaging will be crucial in advocating for cryptocurrencies and blockchain technology.

In addition to the core members, the Coinbase Advisory Council will also collaborate with members of the Coinbase Asset Management Academic and Regulatory Advisory Council. This broader council includes notable figures such as Jay Clayton, the former SEC Chair, and Courtney Elwood, the former CIA General Counsel. Kevin Hassett, a Distinguished Visiting Fellow at the Hoover Institution, Stanford University, and Jon Orszag, Senior Managing Director and member of the Executive Committee of Compass Lexecon, will further enrich the council's expertise.

Coinbase is actively engaged in redefining financial systems and regulations that were designed over a century ago, long before the advent of computers. The company's choice to build its foundation in the United States reflects its commitment to be part of the solution in modernizing financial systems. Coinbase firmly believes that embracing the potential of cryptocurrencies and blockchain technology is in the best interest of the United States.

The Advisory Council is poised to play a pivotal role in Coinbase's engagement with regulators to achieve this goal. However, Coinbase envisions this as just the beginning of its efforts. The company has plans to expand the council this year, bringing in a bipartisan group of leaders with deep regulatory expertise.