UK's Former Finance Minister George Osborne Joins Coinbase

Source: CryptoNewsNet Original Title: UK’s Former Finance Minister George Osborne Joins Coinbase Original Link: https://cryptonews.net/news/other/32158611/

Former UK Finance Minister George Osborne Joins Global Advisory Council

A major crypto trading platform has appointed former UK finance minister George Osborne as chair of its Global Advisory Council. The American exchange is clearly deepening its influence with governments outside the United States.

Earlier this week, the exchange’s deal to acquire a minority stake in a local crypto trading platform was approved by India’s Competition Commission.

Expanding Policy Reach Beyond the US

Osborne will take a more active role in advising on government engagement worldwide, with a focus on Britain and the European Union. Based in London, he will work closely with policymakers on issues related to crypto regulation, stablecoins, and tokenized assets.

The exchange’s chief policy officer stated that the platform has already become a powerful lobbying force outside the US. In the UK, the company is pushing for clearer rules on tax treatment, stablecoin payments, and the use of tokenized assets in capital markets.

Osborne’s Background

Osborne served as the UK’s finance minister from 2010 until 2016, stepping down after the Brexit referendum. Since leaving politics, he has built a broad private-sector portfolio.

He currently chairs the British Museum, is a partner at investment bank Robey Warshaw, and leads Lingotto Investment Management. Just days before this appointment, OpenAI named Osborne to support its overseas data centre expansion. His appointment adds crypto and blockchain policy to an already wide-ranging list of responsibilities.

Expansion Across Crypto and Beyond

The platform recently revealed plans to expand into stock trading, prediction markets, custom stablecoins, tokenization platforms, and AI-powered investment advisers. It has already launched stock trading and prediction markets, now rivaling firms such as Robinhood and eToro. The exchange has also partnered with platforms to offer markets tied to real-world events such as sports, elections, and economic data.

The exchange’s long-term goal is to become an all-in-one financial platform that operates around the clock. Analysts expect the company’s broader strategy to reduce its dependence on crypto trading volumes as it scales into 2026.