Cryptocurrency trading platform Coinbase will add George Osborne, the former British finance minister, to its global advisory board, coinciding with the acceleration of the company's international expansion strategy, as well as increased regulatory scrutiny of the company.
In this sense, Coinbase noted that this advisory board was created to advise the company on its global strategy, and emphasized that Osborne has decades of experience at the highest levels of government and in international finance and fintech investments.
“We are delighted to have George join our board at an exciting time for us in the UK and around the world,” said Faryar Shirzad, chief policy officer at Coinbase, who was responsible for the UK Treasury during David Cameron’s presidency. 2010 and 2016 “He brings with him a wealth of experience in business, journalism and government.”
For his part, the former minister stressed that there are currently a huge amount of interesting innovations in the field of finance, noting that “Blockchain” is transforming financial markets and online transactions. “Coinbase is at the forefront of these developments. I look forward to working with the team there as they build a new future in financial services,” he added.
George Osborne, 52, is a partner at investment boutique Ruby Warshaw, and was previously editor of the Evening Standard after serving as UK Chancellor of the Exchequer from 2010 to 2016.
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