Coinbase Recruits National Security Dream Team for Crypto Mission

Coinbase Bolsters Its Global Advisory Council with 4 New National Security Experts

Coinbase expands its advisory council with 4 national security experts.

Hey there, digital asset investors! Brace yourselves for some exciting news coming from the crypto realm. Coinbase, the well-known exchange, has recently beefed up its Global Advisory Council with some heavy-hitting national security experts. And we’re not talking just any experts…we’re talking former U.S. Secretary of Defence Dr. Mark T. Esper kind of experts. Yup, they went big!

But wait, there’s more! Coinbase didn’t stop at Dr. Esper. They also roped in Stephanie Murphy, a former congresswoman and national security specialist, Frances Townsend, former Counterterrorism and Homeland Security Advisor to President George W. Bush, and David Urban, a lobbyist with an impressive resumé that includes being a senior advisor to none other than Donald Trump himself. Talk about assembling a crypto dream team!

Now, why would Coinbase pull together such a powerful squadron, you ask? Well, they have a mission – to navigate the treacherous waters of regulatory uncertainty in the United States. You see, Coinbase is currently locked in an intense battle with the U.S. Securities and Exchange Commission (SEC). It’s like a showdown in the Wild West, except with suits and ties instead of cowboy boots and spurs. They’re throwing punches over unregistered securities and executing some dodgy moves, but fear not! Coinbase managed to score approval from The Commodity Futures Trading Commission (CFTC) to handle crypto futures. It’s like getting a secret weapon amidst the chaos!

The addition of these national security gurus to Coinbase’s Council is a game-changer. They will help the exchange assess the impact of regulatory uncertainty on the crypto landscape. We’re talking long-term economic and national security consequences here, folks. It’s like unleashing a team of top-notch strategists on the battlefield of crypto regulations.

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But hold your horses, folks! Coinbase’s Council is not just a one-hit wonder. It’s a star-studded panel, formed back in May 2023, that boasts influential names like former Senator Patrick Toomey, former Congressman Tim Ryan, and former Congressman Sean Patrick Maloney. Oh, and let’s not forget the brilliant minds of Chris Lehane, Chief Strategy Officer at Haun Ventures, and John Anzalone, the mastermind behind Impact Research Polling. It’s a gathering of exceptional talent, folks!

You might be wondering if Senator Toomey, with his failed attempt at pushing crypto legislation through Congress, sees any hope for the future. Well, the answer is…not really. He left with a heavy heart, and the current crypto-related legislation looks like a mission impossible. But fear not, brave investors! The Coinbase Council is here to navigate through stormy regulatory waters and save the day!

So there you have it, folks. Coinbase has assembled an all-star team to fight the good fight on behalf of the crypto community. With hopes of achieving regulatory clarity and securing the long-term success of digital assets, these experts are ready to roll up their sleeves and tackle the challenging task at hand.

Now, grab some popcorn, kick back, and let’s watch this crypto blockbuster unfold! Stay tuned for more updates on this thrilling adventure!

Read More: Coinbase, Tarred as an Illicit Exchange by the SEC, Quietly Got Regulated Elsewhere in the U.S.

Now it’s your turn, dear readers! What do you think of Coinbase’s move? Do you believe their star-studded Council will turn the tide in the favor of cryptocurrencies? Share your thoughts and join the conversation!

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