Coinbase Expands Global Advisory Council with Four National Security Experts

Coinbase has expanded its Global Advisory Council with the addition of four national security experts, as per a recent report by CoinDesk. These experts include Dr. Mark T. Esper, the former U.S. Secretary of Defence, Stephanie Murphy, a former congresswoman from Florida with a background in national security, Frances Townsend, a former Counterterrorism and Homeland Security Advisor to President George W. Bush, and David Urban, a lobbyist with experience as a senior advisor to Donald Trump's 2016 presidential campaign and oversight of corporate affairs at ByteDance, the parent company of TikTok.

With their profound national security backgrounds, Esper, Murphy, Townsend, and Urban will help the Council assess the potential consequences of regulatory uncertainty in the U.S. for the cryptocurrency industry, including its long-term economic and national security implications, as per Coinbase.

These new additions join existing council members, including former Senator Patrick Toomey (R-PA), former Congressmen Tim Ryan (D-OH) and Sean Patrick Maloney (D-NY), Chris Lehane, Chief Strategy Officer at Haun Ventures, and John Anzalone, founder of Impact Research Polling. This council was established in May 2023.

Coinbase has been actively working to legitimize cryptocurrencies in the U.S. It's currently in a legal battle with the SEC over an unregistered securities dispute, while it quietly obtained approval from The Commodity Futures Trading Commission (CFTC) to facilitate customers' crypto futures trading.

Resources:

CoinDesk