Former U.K. Chancellor George Osborne has joined Coinbase’s Global Advisory Council to steer the platform’s regulatory strategy and global expansion. Osborne, known for his expertise in government and international finance, particularly in fintech investing, will play a pivotal role in guiding Coinbase’s expansion plans.

Coinbase’s Chief Policy Officer, Faryar Shirzad, highlighted Osborne’s significant contributions and emphasized his role in facilitating global expansion. Osborne, expressing enthusiasm for blockchain technology, acknowledged its potential to revolutionize financial markets and online transactions, identifying Coinbase as a key player in these developments.

During his tenure as chancellor, Osborne held fiscal responsibilities similar to the U.S. Treasury Secretary, managing the U.K.’s annual budget and setting inflation targets. His partnership with boutique investment bank Robey Warshaw LLP adds depth to his financial expertise.

Coinbase’s global operations continue to grow despite facing legal challenges, including a lawsuit from the U.S. Securities and Exchange Commission (SEC) over its crypto staking program. The company has secured international licenses in countries like France, Spain, Singapore, and Bermuda, signaling its commitment to global outreach.

Brian Armstrong, Coinbase CEO, has hinted at potential increased investments abroad or even relocation if regulatory clarity in the U.S. remains uncertain. Recent developments in the SEC lawsuit have seen a U.S. District Judge questioning the regulator’s broad interpretation of securities laws, with legal experts favorably viewing Coinbase’s arguments and predicting a potential dismissal of the lawsuit.