Binance invites former US senator Max Baucus to chair its global advisory board

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Binance has invited Max Baucus, a former US senator and ambassador to China, to chair the global advisory board, to advise the world's largest cryptocurrency exchange on regulatory, political and legal issues. political and social.

Binance said yesterday that the board of trustees, just convened in Paris, represents “an important step forward in the company’s efforts to support the sustainable development of blockchain technology.”

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“For the past 5 years, Binance has been at the forefront of exciting crypto, blockchain and Web 3.0 pioneering.” Changpeng Zhao, founder and CEO of Binance, said. “During that time, we solved complex problems that no one knew existed.”

Max Baucus and President Obama

Council members include Hyung-Rin Bang, adviser to the Committee of the Presidential Palace of Korea; Bruno Bezard, managing partner of investment firm Cathay Capital and former economic adviser to the French prime minister; Henrique de Campos Meirelles, former economy minister and former president of Brazil's central bank.

In August, Zhao said the exchange has spend more than 1 billion US dollars for legal compliance efforts.

Binance has received approval to provide crypto-related services in FrenchÝSpanishDubaiAbu Dhabi , and Bahrain.

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