By Etop Ekanem

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   distinguished   experts   in   public   policy,   government,   finance,   economics,   and corporate governance.

The Global Advisory Board, chaired by former US Senator and Ambassador to China, Max Baucus,  recently  convened in  Paris, France. 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.”For the past five years, Binance has been at the forefront of pioneering the exciting new world of crypto, blockchain, and Web3,” said Binance founder and CEO Changpeng Zhao.

“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 entire world.”

“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,” said Nigeria’s Ibukun Awosika.

Prior to joining Binance’s Global Advisory Board, Ibukun 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;  Member G7   International  TaskForce for impact investing and is the author of several books.Binance is harnessing the GAB’s unrivaled collective experience and expertise to benefit the sustainable development of the industry as a whole, by weighing in on the toughest and most sensitive regulatory and compliance issues facing crypto, blockchain, and Web3.

“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,” Zhao said. “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 isa testament to our focus on compliance, transparency and ensuring a collaborative   relationship   with   the   world’s   regulators   as   they   develop   sensible regulations worldwide.”

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