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.
With this change clearly on the horizon, Binance's role as an industry leader needs to be honed and managed with increasing expertise and experience. While we have doubled down our focus on regulatory compliance and transparency, we want to ensure that Binance is continuously drawing on its strategic counsel of experts.
Together, we’ll
consult the most complex regulatory, compliance, political, and social issues
that we, as a company, and the entire crypto industry will face today and in
the future. I'm honored that our company has the credibility to convene such
distinguished people who sit on our GAB.
No single person can
cover all the areas that need thoughtful, considered decision-making at this
pivotal time. Binance will benefit greatly from input from people with
experience across governments and industries, important and strategic
relationships, and subject matter expertise.
The needs are broad and the standards high, but the makeup of
the GAB does a fine job meeting these. From a former US senator to
distinguished economists and global business leaders, I find myself in the
company of an esteemed and highly accomplished group of people who share
Binance’s mission, values, and vision going forward.
We're Resolved to Our Commitment to Helping Create Responsible
Regulation
Convening a GAB with
this caliber of leaders is a testament to Binance's commitment to building
trusting and cooperative relationships with regulators as they develop sensible
regulations worldwide.
We embrace the responsibility to lead the industry from the
front and support regulators as they seek to establish a global regulatory and
compliance framework for the industry. The right regulations will foster
continued technological innovation. They will preserve crypto’s fundamental
value propositions of freedom and empowerment while ensuring the right
guardrails are in place that provide consumer protection. The Binance GAB will
help us continue to demonstrate to the world exactly what our organization is
capable of and set a shining example for the blockchain industry.
Below is the list of
our Global Advisory Board
Max Baucus (USA)
Former U.S. Ambassador
to the People’s Republic of China; Former U.S. Senator Montana; Former Chairman
of Senate Committee on Finance.
Ibukun Awosika (Nigeria)
First Female Chairman,
First Bank of Nigeria; Founder, The Chair Centre group; Chairman, Nigerian
Advisory Board, for Impact Investing and Convention on Business Integrity;
Member G7 International Task Force for impact investing; Author of several
books.
HyungRin Bang (Korea)
Advisor of the Korea
Presidential Committee; PR/Communications Advisor of Yoon Seuk-Yul’s 2022
Presidential Campaign; Former CEO, SoftForum Inc.; Former Executive Director,
Hyundai; Former Executive Director, Samsung;
Bruno Bezard (France)
Managing partner of
Cathay Capital; Former Economic Advisor to the French Prime Minister; Former
Head of the French Treasury; Former CEO of the French Government Shareholding
Agency.
Leslie Maasdorp (South Africa)
Vice President and
Chief Financial Officer of the New Development Bank. Former MD 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 (Brazil)
Former Minister of the
Economy, Former President of the Central Bank of Brazil, Former Chair of
J&F’s board of directors, Former Member of the Board of Directors of Azul
Brazilian Airlines, Former President, Bank Boston; Former President of Global
Banking, Fleetboston Financial; Former Board member, Raytheon Corporation,
Bestfoods and Champion International. Former Member of the Council of Lloyd’s
of London; Former Chairman of Lazard Americas.
Adalberto Palma (Mexico)
Honorary Board Member
of The Aspen Institute Mexico; Former Senior Advisor at the Chief of Staff
Office to the President of Mexico; Director of Business Development at
BEworksMX Consulting; Former President of the CNBV; Founding Chairman of The
Center for Excellency in Corporate Governance; Independent Director of the
Institute for Savings Protection; President of Bankers Trust Mêxico, Colombia
and Venezuela; Managing Director of Citibank Mexico.
David Plouffe (USA)
Business, Non-Profit
and Political strategist; Author, Member of Various Boards of Directors; Former
Campaign Manager Senior Advisor to President Obama in the White House.
Christin Schäfer (Germany)
Founder and Managing
Director of acs plus; Former Group Risk Operating Officer, Erste Group Bank;
Former Global Head of Quantitative Solutions, Deutsche Bank, Member of the Data
Ethics Commission, German Federal Government.
Lord Vaizey (UK)
Member of the House of
Lords; Former Minister and Member of Parliament.
David Wright (Europe)
Chair, EUROFI; Former
Secretary General, IOSCO, Former European Commission; Deputy Director General
Financial Markets, European Commission.
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