Coinbase Strengthens Global Advisory Board with National Security Experts

Formed in May, Coinbase’s Global Advisory Council is one of three such groups within the company, the others focusing on asset management and regulatory issues. Esteemed members of these groups include Jay Clayton, the former Chair of the Securities and Exchange Commission, and Courtney Elwood, who once served as the General Counsel for the CIA, ensuring a bipartisan makeup.

The primary objective behind the recent appointments is to “examine what consequences will result from regulatory uncertainty for crypto in the United States.” With a clear global vision, Coinbase underscored its focus by referencing its white paper, “Defending American Leadership: The National Security Case for Crypto and Blockchain,” in its announcement.

Coinbase’s CEO, Brian Armstrong, despite facing disputes with the SEC, has expressed his determination to maintain the exchange’s base in San Francisco. This comes amidst concerns that the broader cryptocurrency industry may be shifting its presence away from American shores. Concurrently, Coinbase has been intensifying its international endeavors. Nonetheless, these global expansions have encountered some hurdles, as exemplified by the company’s recent complications in Kazakhstan.