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Brian Armstrong, chief executive officer of Coinbase Global Inc. And the company debuted crypto derivatives in the U. LONDON � A former British finance minister on Wednesday joined cryptocurrency exchange Coinbase as a global advisor, beefing up the company's regulatory bargaining power at a time when it faces severe scrutiny stateside. The Financial Conduct Authority banned crypto-linked derivatives in January , saying at the time they are "ill-suited" for retail consumers due to the harm they pose.