Coinbase has announced the creation of a Global Advisory Council, which will consist of former US lawmakers and industry leaders. The council aims to navigate the increasingly complex and evolving crypto landscape globally. The current council has five members, including former Pennsylvania Senator Patrick Toomey and former Ohio Representative Tim Ryan. Coinbase plans to expand the council with a bipartisan group of leaders with deep regulatory expertise. The announcement follows speculation that the US-based crypto exchange could be considering moving its operations outside the country amid the lack of regulatory clarity.