September 22, 2022 – Binance, the world’s largest cryptocurrency exchange by trading volume, is pleased to announce the creation of its new Global Advisory Board (GAB), comprised of leading experts in public policy, government, finance, economics and corporate governance.
The Global Advisory Council, chaired by former US Senator and Ambassador to China, Max Baucus, recently met in Paris, France. The purpose of the council is to advise Binance on some of the most complex regulatory, political and social issues facing the entire crypto industry as it develops and evolves at a rapid pace.
“Over the past five years, Binance has been at the forefront of the exciting new world of crypto, blockchain, and Web3,” said Binance Founder and CEO Changpeng Zhao. “During this time, we have tackled complex issues that no one even knew existed. We have maintained our focus throughout to provide compliance solutions that protect the interests of crypto users, while maintaining a A steady pace of socially beneficial innovation. The ATM represents the next big step in our journey to share the benefits of modern finance and blockchain with the world.”
“The transparency and accountability with which Binance seeks to provide services to its customers is impressive. As the company of the future, Binance must continue to evolve, build and find real-time solutions. I am proud to play a role as a member of its Global Advisory Board and to participate in truly transforming the Web3 economy,” said Nigerian Ibukun Awosika.
Prior to joining Binance’s Global Advisory Board, Ibukun served as the first female chair of First Bank of Nigeria; Founder, The Chair Center Group; Chairman of the Nigerian Advisory Board for Impact Investing and Business Integrity Convention; Member of the G7 International Task Force for Impact Investing and author of several books.
Binance harnesses GAB’s unparalleled collective experience and expertise to benefit the sustainability of the industry as a whole, tackling the toughest and most sensitive regulatory and compliance issues facing crypto, blockchain and Web3.
“We always put our users first, and that has served as a very effective North Star for us over the past five years of exciting and unprecedented growth,” Zhao said. “With ATM, we are strengthening our ability to manage regulatory complexity by leveraging the highest level of expertise available anywhere in the world. This collaboration between Binance and leading ATM experts demonstrates our focus on compliance, transparency and ensure a
collaborative relationship with regulators around the world as they develop sensible regulations around the world. »
The ATM list includes:
former United States Ambassador to the People’s Republic of China; former U.S. Senator from Montana; Former Chairman of the Senate Finance Committee
First female president, First Bank of Nigeria; Founder, The Chair Center Group; Chairman of the Nigerian Advisory Board for Impact Investing and Business Integrity Convention; Member of the G7 International Working Group for Impact Investing; Author of several books
Advisor to the Korean Presidential Committee; PR/Communications Advisor to Yoon Seuk-Yul’s 2022 Presidential Campaign; former CEO, SoftForum Inc.; former Executive Director, Hyundai; former Chief Executive, Samsung;
Managing Partner of Cathay Capital; former Deputy Minister of Finance; Former economic adviser to the French Prime Minister; Former Head of the French Treasury
vice-president and chief financial officer of the New Development Bank; former Managing Director and President for Southern Africa at Bank of America Merrill Lynch; former vice-chairman of Barclays Capital; Former international adviser to Goldman Sachs.
Henrique de Campos Meirelles
former Minister of Economy, former President of the Central Bank of Brazil, former Chairman of the Board of Directors of J&F, former Member of the Board of Directors of Azul Brazilian Airlines, former President of Bank Boston; former President of Global Banking, Fleetboston Financial; Former Board Member, Raytheon Corporation, Bestfoods and Champion International. Former member of the Board of Lloyd’s of London; Former President of Lazard Americas.
honorary board member of the Aspen Institute Mexico; Former Senior Advisor in the Office of the Chief of Staff to the President of Mexico; Director of Business Development at BEworksMX Consulting; Former President of the CNBV; Founding President of the Center of Excellence in Corporate Governance. Independent Director of the Institute for the Protection of Savings; President of Bankers Trust Mêxico, Colombia and Venezuela; CEO of Citibank Mexico.
Business, nonprofit and political strategist; Author, member of various boards of directors; Former Campaign Manager, Senior White House Advisor to President Obama
Founder and CEO of acs plus; Former Group Risk Operations Manager, Erste Group Bank; Former Global Head of Quantitative Solutions, Deutsche Bank, Member of the Data Ethics Commission, German Federal Government
Member of the House of Lords; Former minister and deputy
President, EUROFI; Former Secretary General, IOSCO, Former European Commission; Dep DG Financial Markets, European Commission
The other board members had the following to say:
Leslie Maasdorp (South Africa): “The blockchain and crypto industry can act as a true catalyst for economic growth and opportunity. For cities that want to partner with companies like Binance to create progressive regulations and an efficient Web3 environment, I expect this will allow for a number of investments in the space. I look forward to working with a number of experts as part of the Binance Global Advisory Board to collaborate.
Max Baucus: “Of all the technologies that have the potential to create positive disruption, the world of crypto, blockchain and Web3 is among the most exciting and promising. That’s why it’s a great pleasure to be part of setting up place of Binance’s Global Advisory Board and bring the group’s unparalleled collective expertise to solving complex problems with a socially positive outcome.”
Lord Ed Vaizey: “Blockchain and Web3 technologies promise to be fundamental to the future of the Internet and the financial system as a whole. The next few years will be crucial in setting the tone for the future of this fledgling industry worldwide. Helping the Binance Global Advisory Board to chart a path through these challenges is a privilege and I look forward to working more closely with the awesome group Binance has assembled.
David Wright: “Cryptocurrencies are increasingly challenging traditional finance. As they grow and the regulatory landscape evolves, the GAB will advise Binance on how to define and shape the optimal global and regional development of future financial services, both traditional and
blockchain-enabled, and I look forward to working with distinguished GAB colleagues on these complex challenges. »
Bruno Bezard“The cryptocurrency industry is at a crossroads as regulation begins to solidify globally. Binance has assembled a group as global as the industry it represents,
and brings together some of the world’s leading experts from the worlds of finance and politics. It is an honor to be invited to join them.
Christin Schäfer“With Web3 and the underlying blockchain technologies, new ways to interact with the internet and process data are profoundly new. The Global Advisory Board that Binance has established brings together experts who can help guide the company and the industry as a whole by managing the risks and challenges ahead.
Ibukun Awosika (Nigeria): “The transparency and accountability with which Binance seeks to provide services to its customers is impressive. As the company of the future, Binance must continue to evolve, build and find real-time solutions. I am proud to play a role as a member of its global advisory board and to participate in the real transformation of the Web3 economy.
Henrique de Campos Meirelles (Brazil): “Blockchain technology and cryptocurrencies will set the tone for financial services of the future, with great benefits for economies, financial inclusion and the quality of service people have access to around the world. The Global Advisory Board of Binance, made up of leading experts in many fields, will have a relevant role to play in helping this nascent and growing industry to establish itself as regulations evolve around the world, so that we work to build ‘a safe and sustainable ecosystem for all.’
Adalberto Palma Gomez (Mexico): “Cryptocurrencies and the entire blockchain ecosystem will increasingly impact people’s lives and benefit society with more democratic and accessible services for all. As the market grows and adoption grows, Binance’s Global Advisory Board will help not only the platform but the entire industry evolve in a way that its future is sustainable and secure for corporations. a privilege to work with this group and be part of this moment of transformation.
HyungRin Bang (Korea): “With the cryptocurrency and blockchain industry entering new phases globally, it is inspiring to be part of the Binance Global Advisory Board, where esteemed experts from different fields come together to discuss sustainability of the industry. As an advocate of information and technology, Korea has greatly developed its domestic cryptocurrency and blockchain industry. I want to add value to the ATM through the knowledge that I’ve learned from witnessing the growth of technology throughout my career.”