The World’s largest cryptocurrency exchange by trading volume, Binance, has announced the creation of its new Global Advisory Board, encompassed of distinguished experts in public policy, Government, finance, economics, and Corporate Governance.
The Global Advisory Board is chaired by the former US Senator and Ambassador to China, Max Baucus.
The Board recently held a meeting in Paris, France.
Binance founder and CEO Changpeng Zhao, said;  “For the past five years, Binance has been at the forefront of pioneering the exciting new world of crypto, blockchain, and Web3. In that time, we’ve tackled complex issues no one even knew existed. We’ve maintained our focus throughout on delivering compliance solutions that protect the interests of crypto users while keeping a brisk pace of socially-beneficial innovation. The GAB represents the next big step forward in our journey to share the benefits of modern finance and the blockchain with the world.”
A new member of the new board, Ibukun Awosika said; “The transparency and accountability with which Binance seeks to deliver services to its clients is impressive. As a company of the future, Binance must continue to evolve, build and find solutions in real-time. I am proud to play a role as a member of its Global advisory board and to be a part of truly transforming the web3 economy.”
Zhao added; “We always put our users first, and that’s served as a very effective North Star for us over the past five years of unprecedented, exciting growth. 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. This collaboration between Binance and the leading experts of the GAB is a testament to our focus on compliance, transparency, and ensuring a collaborative relationship with the world’s regulators as they develop sensible regulations worldwide.’’
Meanwhile, prior to her joining the board, Ibukun Awosika had previously served as the First Female Chairman, First Bank of Nigeria; Founder, The Chair Centre Group; Chairman, Nigerian Advisory Board, for Impact Investing and Convention on Business Integrity.
Ibukun is a member of the G7 International Task Force for impact investing and also an author of several books.