Nikolas Sargeant
Coinbase has bolstered its Global Advisory Council with the addition of four prominent figures: Chris LaCivita, President Trump’s 2024 co-campaign manager; former Senator Kyrsten Sinema; former New York Fed President Bill Dudley; and former Inter-American Development Bank President Luis Alberto Moreno. The move signals Coinbase’s continued push to influence policy and navigate the regulatory landscape for the cryptocurrency industry. These new advisors bring extensive political and financial experience, and will assist Coinbase in addressing the evolving policy challenges facing crypto.
Sinema and LaCivita’s focus will be on guiding the company through legislative hurdles in Congress, with a particular emphasis on securing clear crypto regulations, while Dudley and Moreno’s financial expertise will help Coinbase position itself within the broader economic ecosystem.
A Broader Pro-Crypto Strategy
Coinbase’s push for clearer and more supportive cryptocurrency regulations aligns with a broader political action initiative.The CEO of Coinbase recently declared “war” on law firms associated with Biden-era crypto regulation. Coinbase helped raise $78 million to support "pro-innovation" candidates in the 2024 elections through the Fairshake PAC. The company's involvement in funding pro-crypto political candidates demonstrates its intent to influence the regulatory environment and ensure the long-term viability of cryptocurrency in the U.S. financial system.
