Binance Global Advisory Board (GAB) to Propel the Future of Web3

 

It is no doubt that blockchain technology has been tried in the furnace and has proven adpatable as a major trend in the global financial market. There have also been a lot of conversations regarding the emergence of Web3. In the paragraphs below, CZ Binance has come up with an Adivsory Board that will help in championing the global adapation of blockchain technology.  Happy Reading! 

From day one at Binance, we've dedicated ourselves to furthering the freedom of money for the world. Crypto assets have provided the means to do this, and supporting their further acceptance will significantly impact social and financial inclusion. We work hard to achieve these goals by building great products, hiring the best team, and closely engaging with our community – but there's still more we can do.

To help chart the best path forward for Web3, crypto, our company, and our users, I have established the Binance Global Advisory Board (GAB). I, and its 11 other members, are taking on a task that no one can do alone. The underlying technology of blockchain holds tremendous promise, and we're here to unlock it together. 

The Binance Global Advisory Board Has a Clearly Defined Purpose

Through my experiences at Binance and the industry as a whole, I've engaged with leaders, regulators, and businesses across a wide variety of sectors. It’s given me a lot of knowledge. But, one of our company’s core values is humility, and I know that I don’t know everything. This is where the GAB will add a lot of value. 

Over the years, we have built a global presence and have actively engaged with leaders in countries from France to UAE. It has been inspiring to see so many of these countries leading the charge and embracing a future where crypto and blockchain are major forces in their economy. We understand that licenses and regulations will require much conversation and compromise, but the trajectory is clear, more and more countries want to find a positive path forward. 

With the speed and pace that Web3, cryptocurrencies, and blockchain technology are developing, it’s vital Binance draws on its knowledge, diverse experiences, and backgrounds to help us properly and successfully navigate such a dynamic industry.

Why the Time Is Right for Binance's Global Advisory Board

To many in the community, there will be a question of why we're forming the Global Advisory Board at this moment in time. The answer is simple and self-evident. Both I and Binance as an entity see an inflection point for mass crypto adoption rapidly approaching.

King Charles III returns to London

 

Queen Elizabeth II

Queen Elizabeth II died on Thursday after a 70-year reign. The U.K.'s longest-reigning monarch, one of the world's most enduring and instantly recognizable personalities, died at her beloved summer home in Scotland, Balmoral Castle, at the age of 96. 

The Queen came to the throne in 1952 and witnessed enormous social change.

Her son King Charles III said the death of his beloved mother was a "moment of great sadness" for him and his family and that her loss would be "deeply felt" around the world.

He said: "We mourn profoundly the passing of a cherished sovereign and a much-loved mother.

"I know her loss will be deeply felt throughout the country, the realms and the Commonwealth, and by countless people around the world."

During the coming period of mourning, he said he and his family would be "comforted and sustained by our knowledge of the respect and deep affection in which the Queen was so widely held".

People in Britain and its commonwealth nations woke up on Friday with a new monarch for the first time in most of their lives. King Charles III returned to London from Scotland to meet the prime minister and address the British people for the first time as their monarch. 

Buckingham Palace announced that Charles had requested a formal "period of Royal Mourning" for his mother, Queen Elizabeth II. 

The following week and a half will see a fastidiously orchestrated process of both mourning and constitutional transition play-out across Great Britain. It will be colored by the grief of a grateful nation mourning a queen with whom many felt a deep connection.  

Tributes continued to pour in from leaders, dignitaries and celebrities from across the globe Friday as thousands of people flocked to Buckingham Palace and the queen's other homes to lay flowers and notes of thanks for Elizabeth's lifetime of dedication and service. King Charles showed up with his wife, Queen Consort Camilla, to shake the hands of well-wishers in front of Buckingham Palace.

On Friday, thousands of people flocked to Buckingham Palace and the Queen's other residences to leave flowers and words of gratitude for Elizabeth's lifetime of commitment and service. The tributes came from world leaders, politicians, and celebrities. King Charles showed up with his wife, Queen Consort Camilla, to shake the hands of well-wishers in front of Buckingham Palace.

Experts urge FG to stop borrowing as debt levels reach N41.6 trillion.

 

FEC Meeting

As the Federal Government recommends additional borrowing for the 2023 budget year, economists have been harsh with the government. They unanimously urged the government to halt borrowing, just as yesterday's confirmation by Mrs. Patience Oniha, Director-General of the Debt Management Office (DMO), that Nigeria's debt profile as of March 2022 was N41.60 trillion.

The Nigerian National Petroleum Company (NNPC) Limited was criticized by the Nigerian Customs Service (NCS) for claiming that billions of naira were spent on petroleum subsidies annually.

In her appearance yesterday at the House of Representatives Committee on Finance's ongoing engagement on the 2023–2025 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP), Oniha blamed Nigeria's high debt profile on a lack of revenues and the National Assembly's approval of the annual budget with a deficit, which increased the country's debt stock.