Coinbase Recruits Four National Security Specialists for Global Advisory Council

By: Eliza Bennet

Cryptocurrency exchange, Coinbase has enhanced its Global Advisory Council with the addition of four prominent national security experts. Notably, the new council members include former U.S. Secretary of Defence Dr. Mark T. Esper and esteemed experts from distinct sectors of U.S. national security.

Other influential additions to the council include Stephanie Murphy, a former congressperson and a national security expert, Frances Townsend, the homeland security adviser to President George W. Bush, and David Urban, a former managing director of BRG Group.

These experts, along with original members like Patrick Toomey, Tim Ryan, and Sean Patrick Maloney, are expected to bring invaluable insight to navigate the regulatory uncertainty in the United States. The company declared that the new council will adopt a notably strategic focus with the input from these additions, examining potential consequences resulting from regulatory uncertainties for crypto in the U.S.

Despite their current standoff with the SEC, the San Francisco-based exchange remains committed to its domestic presence, even as parts of the crypto industry contemplate a shift away from the U.S. Notably, Coinbase has increased its operations abroad, despite occasional turbulence, as seen in their recent expansion into Kazakhstan.