{"id":881580,"date":"2025-12-30T01:11:52","date_gmt":"2025-12-30T07:11:52","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/12\/30\/coinbase-forging-ahead-with-world-domination-plans\/"},"modified":"2025-12-30T01:11:52","modified_gmt":"2025-12-30T07:11:52","slug":"coinbase-forging-ahead-with-world-domination-plans","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/12\/30\/coinbase-forging-ahead-with-world-domination-plans\/","title":{"rendered":"Coinbase forging ahead with world domination plans"},"content":{"rendered":"<div>\n<div>\n<ol>\n<li><a href=\"https:\/\/coingeek.com\">Homepage<\/a><\/li>\n<li> > <\/li>\n<li><a href=\"https:\/\/coingeek.com\/news\/\">News<\/a><\/li>\n<li> > <\/li>\n<li><a href=\"https:\/\/coingeek.com\/news\/category\/business\/\"><br \/>\n                                Business<br \/>\n                       <\/a><\/li>\n<li> > <\/li>\n<li>Coinbase forging ahead with world domination plans<\/li>\n<\/ol>\n<\/div>\n<p id=\"Top\"><a href=\"https:\/\/coingeek.com\/news\/tag\/coinbase\/\" target=\"_blank\" rel=\"noopener\">Coinbase<\/a> (<a href=\"https:\/\/www.nasdaq.com\/market-activity\/stocks\/coin\" target=\"_blank\" rel=\"nofollow noopener\">NASDAQ: COIN<\/a>) has grand plans for broadening its product offering and geographical presence, even though some of those jurisdictions aren\u2019t exactly rolling out the welcome mat for the <a href=\"https:\/\/coingeek.com\/exchanges\/\" target=\"_blank\" rel=\"noopener\">digital asset exchange<\/a>. <\/p>\n<ul>\n<li><a href=\"http:\/\/coingeek.com\/#Product\">Product expansion plans don\u2019t lack ambition<\/a><\/li>\n<li><a href=\"http:\/\/coingeek.com\/#Prediction\">Prediction market launch accompanied by lawsuits<\/a><\/li>\n<li><a href=\"http:\/\/coingeek.com\/#India\">Coinbase making humble return to India<\/a><\/li>\n<li><a href=\"http:\/\/coingeek.com\/#Philippines\">Philippines bans Coinbase for operating without permission<\/a><\/li>\n<li><a href=\"http:\/\/coingeek.com\/#Coinbase\">Coinbase limits USDC rewards to paid subscribers<\/a><\/li>\n<li><a href=\"http:\/\/coingeek.com\/#George\">George Osborne to chair Global Advisory Council<\/a><\/li>\n<\/ul>\n<p id=\"Product\">On December 17, Coinbase confirmed some of the worst-kept secrets in crypto, including the fact that it was adding traditional stock trading for its United States-based users, 24 hours a day, five days a week, with zero commissions using USD or the USDC <a href=\"https:\/\/coingeek.com\/bitcoin101\/go-cashless-the-rise-of-stablecoins-as-payment\/\" target=\"_blank\" rel=\"noopener\">stablecoin<\/a> issued by Coinbase\u2019s former partner, <a href=\"https:\/\/coingeek.com\/news\/tag\/circle\/\" target=\"_blank\" rel=\"noopener\">Circle<\/a> (<a href=\"https:\/\/finance.yahoo.com\/quote\/CRCL\/\" target=\"_blank\" rel=\"nofollow noopener\">NASDAQ: CRCL<\/a>).<\/p>\n<p>For the moment, only certain stocks are eligible to trade on Coinbase, but the company plans to add \u201cthousands of additional stocks over the coming months.\u201d Coinbase also plans to \u201cbroaden stock perpetuals\u201d for non-U.S. traders \u201cearly next year.\u201d<\/p>\n<p>Early next year will also see the launch of Coinbase Tokenize, the exchange\u2019s new \u201cend-to-end institutional platform for tokenizing real-world assets.\u201d The idea is to enable tokenized stocks that can be traded \u201c24\/7 anywhere in the world, use the stocks you own onchain, and even make instant payments.\u201d<\/p>\n<p>Trading of futures and perpetual futures is currently limited to the more experienced users of the Coinbase Advance platform, but the company has begun \u201crolling out a new, simplified trading experience in the Coinbase app.\u201d<\/p>\n<p>Don\u2019t know what kind of portfolio to build? Coinbase Advisor is now embedded into the main Coinbase app, offering AI-powered financial management capacity.<\/p>\n<p>Fan of the <a href=\"https:\/\/coingeek.com\/news\/tag\/solana\/\" target=\"_blank\" rel=\"noopener\">Solana<\/a> network and its millions of <a href=\"https:\/\/coingeek.com\/2024-memecoin-surge-is-proof-positive-that-crypto-is-dead\/\" target=\"_blank\" rel=\"noopener\">memecoins<\/a>? Coinbase is expanding its <a href=\"https:\/\/coingeek.com\/a-case-for-dex-on-bitcoin\/\" target=\"_blank\" rel=\"noopener\">decentralized exchange<\/a> (DEX) integration through the use of Solana\u2019s leading DEX aggregator Jupiter to allow access to the network\u2019s millions of tokens \u201cfrom the moment they launch.\u201d<\/p>\n<p>The millions of tokens available on Coinbase\u2019s <a href=\"https:\/\/coingeek.com\/news\/tag\/ethereum\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a> layer-2 network <a href=\"https:\/\/coingeek.com\/news\/tag\/base\/\" target=\"_blank\" rel=\"noopener\">Base<\/a>, are also being made available via the Base App, which is now live in over 140 countries. And don\u2019t forget that in September, Base <a href=\"https:\/\/blog.base.org\/the-state-of-base-at-basecamp-2025\" target=\"_blank\" rel=\"nofollow noopener\">announced<\/a> that it was \u201cbeginning to explore\u201d the possibility of launching its own network token after years of Coinbase denials that such a token was in the works.<\/p>\n<p>Coinbase Business is now available to eligible businesses in the U.S. and Singapore, allowing them to send\/receive payment links and invoices, manage crypto assets, and earn rewards on USDC held on the platform. These businesses will \u201csoon\u201d be offered the same trading experience available via the Coinbase retail platform.<\/p>\n<p>Coinbase also plans to offer users the ability to <a href=\"https:\/\/www.coinbase.com\/blog\/create-your-own-stablecoin-with-coinbase\" target=\"_blank\" rel=\"nofollow noopener\">create their own \u201ccustom-branded\u201d stablecoins<\/a> \u201cbacked by flexible collateral, including USDC.\u201d The move is coupled with the recent launch of x402, Coinbase\u2019s <a href=\"https:\/\/coingeek.com\/blockchain-crucial-role-in-taming-agentic-ai\/\" target=\"_blank\" rel=\"noopener\">agentic-AI<\/a> protocol for stablecoin payments\/transactions.<\/p>\n<p><em><a href=\"http:\/\/coingeek.com\/#Top\">Back to the top \u2191<\/a><\/em><\/p>\n<p id=\"Prediction\"><strong>Launch prediction market, file lawsuits<\/strong><\/p>\n<p>Coinbase is also launching its own prediction market, joining an ever-widening market dominated by the likes of Kalshi and <a href=\"https:\/\/coingeek.com\/news\/tag\/polymarket\/\" target=\"_blank\" rel=\"noopener\">Polymarket<\/a>. Kalshi is providing the \u201cmarket flow\u201d for Coinbase\u2019s nascent prediction market, offering bets on the outcomes of \u201creal-world events like elections, sports, collectibles, and economic indicators.\u201d<\/p>\n<p>On December 22, Coinbase <a href=\"https:\/\/www.coinbase.com\/zh-cn\/blog\/Coinbase-to-acquire-The-Clearing-Company-Powering-the-future-of-prediction-markets\" target=\"_blank\" rel=\"nofollow noopener\">announced<\/a> that it was acquiring The Clearing Company, \u201ca startup with a strong vision for the <a href=\"https:\/\/sports-odds.com\/predictions\/\" target=\"_blank\" rel=\"nofollow noopener\">future of prediction markets<\/a>.\u201d Coinbase Ventures previously participated in The Clearing Company\u2019s seed round in August, and the acquisition (expected to close in January) is intended to help scale Coinbase\u2019s current offering.<\/p>\n<p>Prediction markets\u2019 reliance on sports \u2018contracts\u2019 that resemble sports betting in all but name hasn\u2019t endeared it to actual sportsbook operators, who must endure rigorous and costly licensing regimes in each of the U.S. states that they operate.<\/p>\n<p>How much and what type of <a href=\"https:\/\/coingeek.com\/stablecoins-the-future-of-payments-in-regulated-gambling\/\" target=\"_blank\" rel=\"noopener\">gambling<\/a> these licensees are allowed to offer has always been a matter for individual states to decide, but prediction markets operate under national \u2018designated contract market\u2019 licenses issued by a federal agency, the Commodity Futures Trading Commission (CFTC).<\/p>\n<p>In late November, the states (or, at least, one of them) emerged triumphant in this skirmish, as <a href=\"https:\/\/subscriber.politicopro.com\/article\/2025\/11\/judge-hands-nevada-a-win-over-kalshi-in-sports-betting-case-00669121\" target=\"_blank\" rel=\"nofollow noopener\">a federal judge ruled<\/a> that Kalshi could no longer offer sports \u2018contracts\u2019 to Nevada residents without a license issued by a Nevada gaming regulator.<\/p>\n<p>U.S. District Judge Andrew Gordon\u2019s ruling stated that Kalshi\u2019s \u201cinterpretation\u201d of the scope of its CFTC license \u201cwould require all sports betting across the country to come within the jurisdiction of the CFTC rather than the states and Indian tribes.\u201d Gordon said Kalshi\u2019s attempt to \u201cevade state regulation \u2026 upsets decades of federalism regarding gaming regulation, is contrary to Congress\u2019s intent behind the [Commodity Exchange Act] and cannot be sustained.\u201d<\/p>\n<p>Gordon\u2019s ruling lifted the preliminary injunction that Kalshi secured this spring that prevented Nevada regulators from blocking Kalshi\u2019s \u2018contract\u2019 offers. Kalshi filed a motion to stay Gordon\u2019s November ruling, but Gordon <a href=\"https:\/\/x.com\/WALLACHLEGAL\/status\/2001113008735502488\" target=\"_blank\" rel=\"nofollow noopener\">denied the motion<\/a> on December 16. Kalshi\u2019s next stop is an appeal to the U.S. Court of Appeals for the Ninth Circuit.<\/p>\n<p>Nevada isn\u2019t alone in pressing back on prediction markets\u2019 horning in on their gaming turf. On December 2, Connecticut\u2019s Department of Consumer Protection issued <a href=\"https:\/\/portal.ct.gov\/dcp\/news-releases-from-the-department-of-consumer-protection\/2025-news-releases\/connecticut-consumer-protection-orders-cease-and-desist-conducting-unlicensed-online-gambling\" target=\"_blank\" rel=\"nofollow noopener\">cease &#038; desist letters<\/a> to Kalshi, <a href=\"https:\/\/coingeek.com\/news\/tag\/robinhood\/\" target=\"_blank\" rel=\"noopener\">Robinhood<\/a> (<a href=\"https:\/\/www.nasdaq.com\/market-activity\/stocks\/hood\" target=\"_blank\" rel=\"nofollow noopener\">NASDAQ: HOOD<\/a>), and <a href=\"https:\/\/coingeek.com\/news\/tag\/crypto-com\/\" target=\"_blank\" rel=\"noopener\">Crypto.com<\/a>, ordering them to halt their \u201cunlicensed online gambling\u201d offers to state residents.<\/p>\n<p>As with Nevada, the prediction markets were able to obtain a preliminary injunction against Connecticut\u2019s desire to enforce its gambling rules. The U.S. District Court for the District of Connecticut will hear oral arguments on the parties\u2019 respective positions on February 12, 2026.<\/p>\n<div>\n<p>On December 18, Coinbase joined this fight, filing lawsuits in Connecticut, Illinois, and Michigan (Illinois suit viewable <a href=\"https:\/\/images.ctfassets.net\/sygt3q11s4a9\/1UdZykzLAanMiVPYdq7gjy\/1ccae188c0481bb5ef8bcc2a96517b03\/Coinbase_Financial_Markets_v._Raoul_-_Complaint.pdf\" target=\"_blank\" rel=\"nofollow noopener\">here<\/a>) to prevent the states from \u201cunlawfully applying [state] gambling laws to federally regulated transactions.\u201d Coinbase warned that it will \u201csuffer multiple species of immediate and irreparable harm\u201d from the states\u2019 desire to protect their legal turf.<\/p>\n<p>Coinbase CEO Brian Armstrong <a href=\"https:\/\/x.com\/brian_armstrong\/status\/2002815294079992114\" target=\"_blank\" rel=\"nofollow noopener\">tweeted<\/a> that the CFTC has oversight of prediction markets and that \u201cany state saying otherwise is keeping Americans from accessing tools that help them get ahead.\u201d That\u2019s only slightly nonsensical, given that sports betting has far more participants \u2018falling behind\u2019 than \u2018getting ahead,\u2019 but it\u2019s on brand for the tone of Armstrong\u2019s traditional advocacy.\n<\/p>\n<\/div>\n<p>Coinbase\u2019s chief legal officer Paul Grewal offered a more restrained argument, claiming that prediction markets \u201care fundamentally different from sportsbooks\u201d as they are \u201cneutral exchanges, indifferent to price, that match buyers and sellers.\u201d Grewal added that Congress \u201cdeliberately chose to exclude only a handful of specific underliers \u2026 from the definition of \u2018commodity.\u2019\u201d<\/p>\n<p><em><a href=\"http:\/\/coingeek.com\/#Top\">Back to the top \u2191<\/a><\/em><\/p>\n<p id=\"India\"><strong>Humble return to India<\/strong><\/p>\n<p>In October, Coinbase announced that it had made an investment of unspecified size in <a href=\"https:\/\/coingeek.com\/news\/tag\/coindcx\/\" target=\"_blank\" rel=\"noopener\">CoinDCX<\/a>, an India-licensed exchange focused on local and Middle Eastern markets with over 20 million customers. Last week, the Competition Commission of India <a href=\"https:\/\/x.com\/CCI_India\/status\/2000905244080034292\" target=\"_blank\" rel=\"nofollow noopener\">approved<\/a> Coinbase taking a minority stake in CoinDCX.<\/p>\n<p>Earlier this month, <a href=\"https:\/\/techcrunch.com\/2025\/12\/07\/coinbase-starts-onboarding-users-again-in-india-plans-for-fiat-on-ramp-for-next-year\/\" target=\"_blank\" rel=\"nofollow noopener\">TechCrunch<\/a> reported that Coinbase had begun welcoming Indian customers registering with its Coinbase App. Coinbase announced this spring that it had <a href=\"https:\/\/coingeek.com\/coinbase-registers-in-india-plans-retail-services\/\" target=\"_blank\" rel=\"noopener\">registered with India\u2019s Financial Intelligence Unit<\/a>, marking a return that is being handled in a far more humble approach than last time.<\/p>\n<p>Coinbase cut off the country entirely in 2023 after launching its India-facing service the year before. Coinbase launched operations without first securing full local approval, prompting the country\u2019s financial authorities to <a href=\"https:\/\/coingeek.com\/coinbase-suspends-support-for-upi-payments-in-india-amid-regulatory-heat\/\" target=\"_blank\" rel=\"noopener\">lower the boom<\/a> and Coinbase to make an ignominious retreat shortly thereafter.<\/p>\n<p>For now, Coinbase\u2019s India customers are only eligible to trade one type of digital asset for another. Fiat onramps\u2014the key factor in Coinbase\u2019s 2022 comeuppance\u2014aren\u2019t coming until sometime next year.<\/p>\n<p>John O\u2019Loghlen, Coinbase\u2019s APAC director, said the company \u201cwanted to kind of burn the boats, have a clean slate here \u2026 We want to be known as that trusted exchange, ensure that your funds are safe with us.\u201d In October, Coinbase hired Karan Malik as its India marketing lead.<\/p>\n<p><em><a href=\"http:\/\/coingeek.com\/#Top\">Back to the top \u2191<\/a><\/em><\/p>\n<p id=\"Philippines\"><strong>Philippines pulls welcome mat<\/strong><\/p>\n<p>On December 22, multiple Philippine media outlets <a href=\"https:\/\/mb.com.ph\/2025\/12\/22\/50-unlicensed-trading-platforms-blocked-by-ntc-following-bsp-order\" target=\"_blank\" rel=\"nofollow noopener\">reported<\/a> that the National Telecommunications Commission (NTC) had directed the nation\u2019s internet service providers to block 50 virtual asset service providers (VASPs) currently operating without the permission of the Bangko Sentral ng Pilipinas (BSP), the country\u2019s central bank.<\/p>\n<p>The NTC said it was acting to \u201csafeguard Filipino users against illicit activities in the burgeoning virtual asset space.\u201d The NTC cited Section 902-N of the Manual of Regulations for Non-bank Financial Institutions, recently updated by BSP Circular No. 1206, series of 2024, which governs VASP activities.<\/p>\n<p>The full list of the unauthorized VASPs wasn\u2019t made public, but social media users <a href=\"https:\/\/x.com\/IOTA_ph\/status\/2003471117022044176\" target=\"_blank\" rel=\"nofollow noopener\">reported<\/a> that Coinbase and <a href=\"https:\/\/coingeek.com\/coinbase-fined-gemini-digs-privacy-tether-wants-to-own-lending\/#Gemini-posts-underwhelming-Q3\" target=\"_blank\" rel=\"noopener\">Gemini<\/a> (<a href=\"https:\/\/finance.yahoo.com\/quote\/GEMI\/\" target=\"_blank\" rel=\"nofollow noopener\">NASDAQ: GEMI<\/a>) were among those that were now inaccessible to Philippines-based users. <a href=\"https:\/\/bilyonaryo.com\/2025\/12\/21\/no-warning-filipino-investors-rage-after-telcos-block-access-to-global-trading-platform-interactive-brokers-on-ntc-sec-order\/money\/\" target=\"_blank\" rel=\"nofollow noopener\">Local media<\/a> reported that Interactive Brokers (<a href=\"https:\/\/www.nasdaq.com\/market-activity\/stocks\/ibkr\" target=\"_blank\" rel=\"nofollow noopener\">NASDAQ: IBKR<\/a>) appears to have also had its access cut (although the mobile app was apparently accessible), while other names on the VASP naughty list include <a href=\"https:\/\/coingeek.com\/news\/tag\/bitfinex\/\" target=\"_blank\" rel=\"noopener\">Bitfinex<\/a>, Crypto.com, <a href=\"https:\/\/coingeek.com\/news\/tag\/htx\/\" target=\"_blank\" rel=\"noopener\">HTX<\/a>, <a href=\"https:\/\/coingeek.com\/news\/tag\/kraken\/\" target=\"_blank\" rel=\"noopener\">Kraken<\/a>, and more.<\/p>\n<p>Last August, the Securities and Exchange Commission (SEC) <a href=\"https:\/\/coingeek.com\/philippine-sec-cracks-down-on-unregistered-crypto-platforms\/\" target=\"_blank\" rel=\"noopener\">flagged 10 digital asset platforms<\/a> it deemed to be operating without permission, but neither Coinbase nor Gemini were among the names listed. Some of the nation\u2019s ISPs <a href=\"https:\/\/coingeek.com\/ph-telcos-block-unregistered-crypto-platforms-on-sec-order\/\" target=\"_blank\" rel=\"noopener\">duly blocked access to the sites<\/a> later that month.<\/p>\n<p>The NTC has targeted other exchanges with its ISP ban-hammer, most notably <a href=\"https:\/\/coingeek.com\/news\/tag\/binance\/\" target=\"_blank\" rel=\"noopener\">Binance<\/a>, which was ordered blocked in March 2024 after failing to meet a 90-day deadline for coming into compliance. The following month, the Philippine Securities and Exchange Commission ordered Apple (<a href=\"https:\/\/www.nasdaq.com\/market-activity\/stocks\/aapl\" target=\"_blank\" rel=\"nofollow noopener\">NASDAQ: AAPL<\/a>) and Google (<a href=\"https:\/\/www.nasdaq.com\/market-activity\/stocks\/googl\" target=\"_blank\" rel=\"nofollow noopener\">NASDAQ: GOOGL<\/a>) to <a href=\"https:\/\/www.sec.gov.ph\/pr-2024\/sec-moves-to-remove-binance-app-in-google-apple-app-store\/#gsc.tab=0\" target=\"_blank\" rel=\"nofollow noopener\">remove the Binance app<\/a> from the Philippine versions of their app marketplaces.<\/p>\n<p><em><a href=\"http:\/\/coingeek.com\/#Top\">Back to the top \u2191<\/a><\/em><\/p>\n<p id=\"Coinbase\"><strong>USDC rewards now subscriber-only<\/strong><\/p>\n<p>Coinbase is deeply invested in the U.S. effort to craft <a href=\"https:\/\/coingeek.com\/us-crypto-sector-in-mad-holiday-rush-to-get-all-the-things-done\/#Market\" target=\"_blank\" rel=\"noopener\">digital asset market structure legislation<\/a>, particularly regarding the exchange\u2019s ability to continue offering \u2018rewards\u2019 to customers holding USDC on its platform. <a href=\"https:\/\/coingeek.com\/coinbase-revenue-jumps-as-everything-exchange-plans-proceed\/#usdc\" target=\"_blank\" rel=\"noopener\">Stablecoin revenue was nearly $354 million<\/a> in Coinbase\u2019s <a href=\"https:\/\/coingeek.com\/coinbase-revenue-jumps-as-everything-exchange-plans-proceed\/#q2\" target=\"_blank\" rel=\"noopener\">most recent earnings report<\/a>, roughly one-fifth of total revenue in Q3.<\/p>\n<p>Traditional banks have <a href=\"https:\/\/coingeek.com\/us-defibrillates-market-structure-talks-banks-v-coinbase-gets-nasty\/#Banks-v-stablecoin-rewards\" target=\"_blank\" rel=\"noopener\">objected to these rewards<\/a>, which pay higher interest than most bank deposits, in the belief that they contravene the spirit of the <a href=\"https:\/\/coingeek.com\/crypto-week-ends-with-genius-act-passage\/\" target=\"_blank\" rel=\"noopener\">GENIUS Act<\/a>, which prohibits U.S. stablecoin issuers from <a href=\"https:\/\/coingeek.com\/banks-genius-act-must-be-interpreted-as-outlawing-stablecoin-yield\/\" target=\"_blank\" rel=\"noopener\">offering \u2018yield\u2019 or interest to stablecoin holders<\/a>. Banks believe non-issuers like Coinbase should be similarly banned from offering such incentives, as banks fear they will produce a \u2018run\u2019 on deposits that could impact their ability to offer loans to customers.<\/p>\n<p>And yet, Coinbase cut off these rewards for average users as of December 15, seemingly slitting the throat of their golden USDC goose. In emails sent to customers, Coinbase said only those who signed up for the company\u2019s Coinbase One accounts would continue to receive the top 3.5% rewards rate, while average users who don\u2019t wish to pay the $4.99\/month Coinbase One fee would get bupkis.<\/p>\n<p>Coinbase has yet to provide any official motivation behind the switch (beyond forcing people to sign up for Coinbase One), although ongoing cuts to interest rates by the U.S. Federal Reserve likely played a role. Coinbase\u2019s USDC rewards rates have mirrored the Fed\u2019s quarter-point rate cuts, as <a href=\"https:\/\/coingeek.com\/coinbase-plots-everything-app-exchange-as-base-wobbles\/#Stablecoins:-%E2%80%98yield%E2%80%99-bad,-%E2%80%98rewards%E2%80%99-good\" target=\"_blank\" rel=\"noopener\">the Coinbase One top rate was 4.5%<\/a> as recently as August. Coinbase launched its rewards program in 2019, back when Coinbase was still part of the <a href=\"https:\/\/coingeek.com\/questions-raised-as-coinbase-circle-rejig-usdc-stablecoin-relationship\/\" target=\"_blank\" rel=\"noopener\">Centre consortium<\/a> behind USDC (with Circle).<\/p>\n<p><em><a href=\"http:\/\/coingeek.com\/#Top\">Back to the top \u2191<\/a><\/em><\/p>\n<p id=\"George\"><strong>Ozzy! Ozzy!<\/strong><\/p>\n<p>Finally, Coinbase <a href=\"https:\/\/www.coinbase.com\/zh-cn\/blog\/an-evolution-of-leadership-at-the-coinbase-global-advisory-council-george-osborne-to-chair\" target=\"_blank\" rel=\"nofollow noopener\">announced<\/a> a week before Christmas that it had appointed former U.K. Chancellor George Osborne to chair its Global Advisory Council. Osborne, who\u2019d joined the council in January 2024, <a href=\"https:\/\/x.com\/George_Osborne\/status\/2001734813674602899\" target=\"_blank\" rel=\"nofollow noopener\">tweeted<\/a> his delight at the promotion, claiming to have \u201cseen the blockchain revolution\u2014and the potential to spread ownership to many left behind by the system.\u201d<\/p>\n<p>A couple of days before that announcement, Osborne <a href=\"https:\/\/www.bbc.com\/news\/articles\/cd6xz1jv4ezo\" target=\"_blank\" rel=\"nofollow noopener\">took on a new gig at AI giant OpenAI<\/a>, where Osborne will lead its \u2018OpenAI for Countries\u2019 program. Osborne <a href=\"https:\/\/x.com\/George_Osborne\/status\/2000982429247365479\" target=\"_blank\" rel=\"nofollow noopener\">claimed<\/a> that he\u2019d asked himself, \u201cwhat\u2019s the most exciting and promising company in the world right now? The answer I believe is OpenAI.\u201d Nobody tell Coinbase.<\/p>\n<p><em><a href=\"http:\/\/coingeek.com\/#Top\">Back to the top \u2191<\/a><\/em><\/p>\n<p>Watch | Teranode explained: BSV leaders on blockchain scaling &#038; the future of digital economy<\/p>\n<p><iframe src=\"https:\/\/www.youtube.com\/embed\/jxSVvkiZDBw?si=vyxG0B1hkyTRshc9&#038;controls=0\" frameborder=\"0\" allowfullscreen> title=&#8221;YouTube video player&#8221; frameborder=&#8221;0&#8243; allow=&#8221;accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share&#8221; referrerpolicy=&#8221;strict-origin-when-cross-origin&#8221; allowfullscreen=&#8221;&#8221;><\/iframe><\/p>\n<div>\n<p><h3>Tagged:<\/h3>\n<\/p>\n<\/div><\/div>\n<p><a href=\"https:\/\/coingeek.com\/coinbase-forging-ahead-with-world-domination-plans\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Steven Stradbrooke<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Homepage &gt; News &gt; Business &gt; Coinbase forging ahead with world domination plans Coinbase (NASDAQ: COIN) has grand plans for broadening its product offering and geographical presence, even though some of those jurisdictions aren\u2019t exactly rolling out the welcome mat for the digital asset exchange. Product expansion plans don\u2019t lack ambition Prediction market launch accompanied<\/p>\n","protected":false},"author":1,"featured_media":881581,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22217,68962],"tags":[],"class_list":["post-881580","post","type-post","status-publish","format-standard","has-post-thumbnail","category-coinbase","category-forging"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/881580","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=881580"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/881580\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/881581"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=881580"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=881580"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=881580"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}