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Binance Selects 2 Africans onto its New Global Advisory Board

The board's purpose is to advise Binance on some of the most complex regulatory, political, and social issues the entire crypto industry faces as it grows and evolves at a fast pace. - Binance

Binance has announced the creation of a Global Advisory board that includes distinguished individuals across economics, finance, and economics to provide regulatory guidance for the future of cryptocurrencies.

In a press release sent to BitKE, Binance indicated:

The board’s purpose is to advise Binance on some of the most complex regulatory, political, and social issues the entire crypto industry faces as it grows and evolves at a fast pace. – Binance

Binance said that the board is already convened in Paris, France, and is chaired by Max Baucus, a former US Senator, and ambassador to China. The board has a total of 11 members from various parts of the world, including:

  • Ibukun Awosika – The first female chairperson at First Bank Nigeria, among several important roles
  • Leslie Maarsdorp – Vice President and Chief Financial Officer of the New Development Bank. in South Africa

“For the cities that are willing to partner with companies like Binance in order to create progressive regulations and an effective Web3 environment, I expect it to enable a number of investments into the space. – Maarsdorp

Awosika singled Binance for its accountability and transparency as it rolls out products and services to clients, sharing in the excitement to help transform the Web3 economy as part of the Board which Binance CEO, Changpeng Zhao, has termed as ‘the company’s next big step.’

With the GAB, we’re supercharging our ability to manage regulatory complexity by tapping into the highest level of expertise available anywhere in the world. – CEO, Binance

 

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