Coinbase Dropped as UK Finance Lobby Group Member Amid Digital Asset Debate
Coinbase Global Inc., a US-based cryptocurrency exchange, has been removed from UK Finance, one of Britain's most influential financial services lobby groups.
The move comes as the digital-asset sector takes on a more prominent role in policy debates. According to people with knowledge of the matter, the board of UK Finance wrote a letter to Coinbase last week stating it was terminating the company's membership.