Former Florida Congressman Kendrick Meek has recently joined Coinbase's Global Advisory Council, as announced by Coinbase's Chief Policy Officer Faryar Shirzad. The council, established in May 2023, focuses on navigating the complexities and advancements within the cryptocurrency sector.

Meek's inclusion in the council alongside former legislators such as Tim Ryan, Stephanie Murphy, and Pat Toomey signifies a strategic move by Coinbase to enhance its advisory team. Despite serving a significant portion of the American population, approximately 52 million individuals, Coinbase is currently entangled in a legal dispute with the U.S. Securities and Exchange Commission.

In addition to its ongoing legal challenges, Coinbase is actively engaging in the 2024 elections through the Stand with Crypto initiative, which seeks to endorse politicians supportive of cryptocurrency and its associated policies. Kendrick Meek's appointment to Coinbase's Global Advisory Council reflects the company's proactive stance towards advocating for increased regulatory measures within the cryptocurrency industry.