George Osborne to advise Coinbase as crypto trade eyes growth

On Feb 1, 2024

Updated: 22:00, 31 January 2024

Crypto move: Former Chancellor George Osborne is to advise US crypto-currency exchange Coinbase

Crypto transfer: Former Chancellor George Osborne is to advise US crypto-currency trade Coinbase

George Osborne has joined the US crypto-currency trade Coinbase as an adviser.

Osborne, 52, was Chancellor between 2010 and 2016 and has held a number of high jobs since leaving authorities.

He is a accomplice at City boutique funding financial institution Robey Warshaw, and was editor of London’s Evening Standard newspaper for 3 years.

At Coinbase, which permits its customers to commerce digital currencies corresponding to bitcoin, he shall be on its world advisory council, which consults on growth plans.

Coinbase has just lately secured licences in France, Spain, Singapore and Bermuda. But it comes amid mounting regulatory scrutiny over crypto.

Last summer season, the US regulator filed a lawsuit in opposition to Coinbase, accusing it of violating buying and selling legal guidelines. Coinbase’s chief coverage officer Faryar Shirzad mentioned: ‘George brings a wealth of experience in business, journalism and government.

‘We look forward to relying on his insights and experiences as we grow Coinbase.’

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