Coinbase appoints former UK minister George Osborne to chair advisory council

Coinbase has announced the appointment of former UK minister George Osborne as the chair of its advisory council. Osborne has been advising Coinbase since 2024 and has been critical of the UK's lack of robust digital asset regulations. This appointment comes at a time when the digital currency market is rapidly evolving, and the establishment of appropriate regulations is increasingly demanded. Osborne's extensive experience is expected to be a crucial asset for Coinbase as it navigates competitive markets abroad and seeks growth. His expertise in financial policy and economic strategy can provide effective approaches to the regulatory challenges faced by Coinbase, potentially enhancing its business model and credibility with customers.