Coinbase has expanded its Global Advisory Council by including four prominent political and economic figures. These members bring valuable expertise to support the company in navigating the cryptocurrency landscape.
New Members of the Advisory Council
Kyrsten Sinema, former U.S. Senator, joins the council with her experience in legislative efforts. Chris LaCivita, a political strategist, will advocate for a stronger pro-crypto stance in the U.S. Bill Dudley, former Federal Reserve Bank of New York president, and Luis Alberto Moreno, former president of the Inter-American Development Bank, also join the council.
Role of Leaders in Crypto Development
These new council members bring their expertise in politics, finance, and global development to strengthen Coinbase’s efforts to advocate for crypto and engage with key stakeholders. They join other distinguished figures like former Congressman Kendrick Meek and former Mayor of Los Angeles Antonio Villaraigosa to support Coinbase’s mission to innovate the financial landscape.
CEO Apologizes for Transaction Delays
Coinbase CEO Brian Armstrong apologized for delays and cancellations of transactions on the Solana network during increased platform activity. Armstrong confirmed the backlog had been cleared and advised users to retry canceled transactions.
The addition of new leaders to the advisory council and the recent transaction incident highlight Coinbase's efforts to improve its infrastructure and strengthen its position in the crypto world.