{"id":81717,"date":"2023-11-07T12:25:38","date_gmt":"2023-11-07T17:25:38","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/crypto\/coinbase-adds-4-national-security-advisors-to-advisory-council\/"},"modified":"2023-11-07T12:25:42","modified_gmt":"2023-11-07T17:25:42","slug":"coinbase-adds-4-national-security-advisors-to-advisory-council","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=81717","title":{"rendered":"Coinbase Adds 4 National Security Advisors to Advisory Council"},"content":{"rendered":"<div>\n<figure id=\"attachment_128131\" aria-describedby=\"caption-attachment-128131\" style=\"width: 1280px\" class=\"wp-caption aligncenter\"><noscript><\/noscript><figcaption id=\"caption-attachment-128131\" class=\"wp-caption-text\">Source: Pixabay<\/figcaption><\/figure>\n<p>Coinbase will add four national security experts to its Global Advisory Council, it announced on Tuesday.<\/p>\n<p>In a press release, the crypto exchange platform revealed that Mark T. Esper, Stephanie Murphy (D-FL), Frances Townsend and David Urban would join its Council, which was established with the purpose of \u201cbringing together accomplished leaders with strategic insights to advise Coinbase\u2019s executive leadership team.\u201d<\/p>\n<p>The four advisors\u2019 national security expertise will \u201chelp the Council examine what consequences will result from regulatory uncertainty for crypto in the United States, including the long-term economic and national security impacts,\u201d Coinbase said in the release.<\/p>\n<p>None of the four new members have any documented crypto stances, but they each bring impressive resumes to the table. Esper was U.S. Secretary of Defense under President Donald Trump from 2019 to 2020, while Murphy served Florida\u2019s 7th congressional district as U.S. Representative from 2017 to 2023.<\/p>\n<p>Townsend served as Counterterrorism and Homeland Security Advisor to President George W. Bush from 2004 to 2008, and currently leads corporate affairs for gaming company Activision Blizzard. Urban is currently managing director at consulting firm BRG Group and was also senior advisor to Donald Trump\u2019s 2016 presidential campaign.<\/p>\n<p>Coinbase has long been involved in crypto regulation efforts in the country. The company is currently engaged in a dispute with the U.S. Securities and Exchange Commission (SEC) over unregistered securities, and Bloomberg reported yesterday that SCOTUS had agreed to hear Coinbase\u2019s appeal related to a case involving the crypto exchange\u2019s $1.2 million Dogecoin (DOGE) sweepstakes offering in 2021.<\/p>\n<p>In August, the exchange platform got approval from The Commodity Futures Trading Commission (CFTC) to be registered as a futures commission merchant, allowing it to handle customers\u2019 buying and selling of crypto futures.<\/p>\n<p>Coinbase\u2019s Global Advisory Council was launched back in May after the company\u2019s executive team, including CEO and co-founder Brian Armstrong, met with policymakers in the United Arab Emirates amid rumors that it was planning to expand overseas as a result of regulatory difficulties in the U.S.<\/p>\n<p>However, with the addition of Esper, Murphy, Townsend, and Urban, the company is reinforcing its executive leadership team as it continues its regulatory war with the SEC.<\/p>\n<p>The four new members will join former Ohio Senator Tim Ryan, former U.S. Representative Sean Patrick Maloney, former U.S. Senator Pat Toomey, strategist John Anzalone and political consultant Chris Lehane on the council.<\/p>\n<div class=\"newsletter home-newsletter single\">\n<div class=\"left-side\">\n<p>\n        <em><br \/>\n            Enter your email for our Free Daily Newsletter        <\/em>\n    <\/p>\n<p> A quick 3min read about today&#8217;s crypto news!<\/p>\n<p>    <span class=\"response-msg\" id=\"newsletter-response\"><\/span>\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>Read the full article <a href=\"https:\/\/cryptonews.com\/news\/coinbase-bolsters-global-advisory-council-adds-4-national-security-advisors.htm\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: Pixabay Coinbase will add four national security experts to its Global Advisory Council, it announced on Tuesday. In a press release, the crypto exchange platform revealed that Mark T. Esper, Stephanie Murphy (D-FL), Frances Townsend and David Urban would join its Council, which was established with the purpose of \u201cbringing together accomplished leaders with [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":81718,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[243],"tags":[83],"class_list":["post-81717","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto","tag-featured"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Coinbase Adds 4 National Security Advisors to Advisory Council | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Source: Pixabay Coinbase will add four national security experts to its Global Advisory Council, it announced on Tuesday. 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