Davos, May 25, 2022— Global Blockchain Business Council– the leading worldwide market association for the blockchain technology environment– has today revealed a major merger with the world’s leading market requirements association for the adoption of cryptocurrencies and digital assets, Global Digital Finance (GDF).
The merger sees the 2 companies join their particular resources, assets, and subscription, ending up being the world’s largest market association for the blockchain technology and digital assets environment. The integrated association will have almost 500 institutional members and 178 ambassadors, running throughout 95 jurisdictions and disciplines. Global Digital Finance will be relabelled GBBC Digital Finance, based in the United Kingdom, with groups mainly throughout EMEA and APAC.
Sandra Ro, CEO of the GBBC, stated: “I am so grateful to our GBBC and GDF communities of changemakers. They are why we exist and drive our mission on educating, advocating, and advancing partnerships to create new opportunities for the many, not the few. Our global collaboration, scale, and influence will be a game-changer for our members and for Web3 as a whole. I am incredibly excited about the forthcoming positive impact of this combined network across industries and sectors.”
Lawrence Wintermeyer, GDF Board Chair, has actually been designated to the GBBC Board ofDirectors He included: “The rapid growth and viability of blockchain, crypto, and digital assets means there is a clear need for effective, harmonized regulation built on a robust global framework. Leading global institutions and leaders need to work with each other, with governments and with regulators to deliver this framework, and there is a vital role for GBBC and GDF to play in facilitating and driving this crucial collaboration.”
David Treat, a Senior Managing Director and Global Metaverse Continuum Business Group & & Blockchain Lead at Accenture, stated: “The digital assets industry has seen unprecedented growth across both retail and institutional channels as businesses look to provide more transparent and secure infrastructures. The merger of GBBC and GDF represents a significant move that will further accelerate the use case and benefits of this transformational technology. At Accenture, we believe this technology underpins the next wave of innovation that will open up a whole new range of game-changing opportunities for our clients.”
This statement is being made at GBBC’s Blockchain Central at Davos– 5 years following the development of the GBBC at Davos in 2017.
For more details, please contact:
Summer Singh, Communications Lead, Global Blockchain Business Council
About Global Blockchain Business Council
GBBC is the leading worldwide market association for the blockchain technology environment with almost 500 institutional members, and 178 Ambassadors from more than 95 jurisdictions and disciplines. GBBC is committed to advancing the adoption of blockchain by engaging regulators, magnate, and worldwide changemakers on how to harness this ground-breaking technology to develop more safe and secure, fair, and practical societies.
GBBC Digital Finance (GDF) will end up being the UK-based monetary services department of the GBBC. GDF concentrates on the adoption of finest practices for cryptoassets and digital financing innovations, through the advancement of conduct requirements in a shared engagement online forum with market individuals, policymakers and regulators. Over 350 market specialists from all over the world have actually dealt with establishing the GDF standard procedures: the only worldwide requirement in the emerging crypto and digital assets environment. GDF consists of existing monetary services efforts within GBBC, such as the Post Trade Distributed Ledger (PTDL) Group.
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