Coinbase Hires Former UK Chancellor Osborne in Advisory Role
- Coinbase has US ex-politicians, security experts on council
- Orborn has taken private roles since leaving government
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Coinbase Global Inc. hired former UK Chancellor George Osborne for its advisory council as the cryptocurrency exchange battles US regulators and expands in overseas markets.
Crypto companies have turned to ex-politicians as they try to navigate pressures from regulators around the world. In the UK, the Financial Conduct Authority has recently imposed rules around the marketing of crypto services. Binance Holdings Ltd. and Copper Technologies Ltd. are among firms that have hired former UK officials.