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Coinbase Welcomes Former Solicitor General to Its Board

Key Takeaways

  • Coinbase appoints Chris Lehane, known for his role in Bill Clinton's campaign, to its board, aiming to leverage his strategic counsel;
  • Christa Davies, former CFO at Aon and Microsoft executive, joins the board to enhance Coinbase's audit and compliance efforts;
  • Paul Clement, former US Solicitor General, brings legal expertise to help Coinbase navigate ongoing SEC challenges.
Coinbase Welcomes Former Solicitor General to Its Board

Coinbase, a leading crypto exchange, has recently expanded its board of directors by appointing three new members.

In a July 25 announcement, Coinbase confirmed the appointment of Chris Lehane as one of its ten directors. Lehane, known for his role in Bill Clinton's 1992 presidential campaign and contributions to Airbnb's global legalization efforts, currently serves as Vice President of Public Works at OpenAI. Before joining the board, Lehane was part of Coinbase's Global Advisory Council.

"Chris will provide strategic counsel to Coinbase's leadership as the company works to make onchain the new online," stated Coinbase.

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Joining Lehane are two other new directors: Christa Davies and Paul Clement.

Davies, formerly the Chief Financial Officer at management consulting firm Aon and senior executive at Microsoft, will now contribute to Coinbase's audit and compliance committee and will support the company's focus on financial and operational excellence.

Paul Clement, a seasoned litigator and former US Solicitor General, has argued over 100 cases before the US Supreme Court. His legal expertise is expected to be invaluable in Coinbase's ongoing legal challenges with the US Securities and Exchange Commission (SEC). He will also join Davies on the audit and compliance committee.

All three new board members bring a wealth of experience and a shared vision that digital currencies can play a transformative role in broadening access to financial opportunities. Lehane expressed his enthusiasm for Coinbase's mission, stating:

I am excited to support Coinbase as they continue to advocate for the 52 million Americans who own crypto (over-indexing on young people of color) and work to democratize the benefits of capitalism so more people can keep their fair share of the economic pie.

With these additions to its board, Coinbase is poised to reinforce its leadership and continue championing the benefits of cryptocurrency in finance.

In other news, Coinbase Asset Management, a division of Coinbase, is allegedly set to introduce a tokenized money-market fund.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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