Coinbase has expanded its Global Advisory Council by adding four prominent political and economic figures to navigate the evolving cryptocurrency landscape.
These new members bring valuable expertise from politics, finance, and global development, strengthening Coinbase’s efforts to advocate for crypto and engage with key stakeholders.
Kyrsten Sinema, a former U.S. Senator from Arizona, joins the council because of her experience in bipartisan legislative efforts like the Bipartisan Infrastructure Law. Sinema will help guide Coinbase’s mission to modernize the financial system and enhance financial freedom. Meanwhile, Chris LaCivita, a political strategist and former co-campaign manager for Donald Trump’s 2024 presidential campaign, will advocate for a stronger pro-crypto stance in the U.S. under the new administration. LaCivita’s deep political experience includes his role as Chief of Staff for the Republican National Committee.
Bill Dudley, former president of the Federal Reserve Bank of New York, brings decades of regulatory expertise, focusing on supporting crypto’s integration into the broader financial system. Dudley aims to ensure its safe and beneficial adoption for consumers. Luis Alberto Moreno, former president of the Inter-American Development Bank, adds his expertise in international finance and global development. Moreno believes crypto can break down financial barriers and increase economic freedom globally.
These leaders join a distinguished group of figures, including former U.S. Congressman Kendrick Meek and former Mayor of Los Angeles Antonio Villaraigosa, as part of Coinbase’s Global Advisory Council. This council will support Coinbase’s mission to innovate and reshape the financial landscape.
Meanwhile, Coinbase CEO Brian Armstrong apologized for delays and cancellations of Solana transactions caused by infrastructure issues during a surge in Solana activity. Armstrong confirmed on X that the backlog had been cleared, advising users whose transactions were cancelled to retry them. He reassured that processing times should now be standard. The delays sparked criticism, with some users questioning why the platform had not addressed these recurring issues during high-demand periods.
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