The Global Blockchain Business Council - the leading global industry association for the blockchain technology ecosystem - has announced a major merger with the world’s leading association for market standards for cryptocurrency and digital asset adoption, Global Digital Finance (GDF).
By merging, the two organizations join with their resources, assets and membership, becoming the world’s largest industrial association for the blockchain technology and digital assets ecosystem. The combined association will have nearly 500 institutional members and 178 ambassadors, who will operate in 95 jurisdictions and disciplines. Global Digital Finance will be renamed GBBC Digital Finance, based in the United Kingdom, with teams predominantly across the EMEA and APAC.
Sandra Roe, Executive Director of GBBC, said: “I am so grateful to our GBBC and GDF change-making communities. Because of them, we exist and lead our mission of educating, advocating and promoting partnerships to create new opportunities for many, not for the few. Our global collaboration, scope and impact will change the game for our members and for Web3 as a whole. I am incredibly excited about the forthcoming positive impact of this combined network in all industries and sectors. ”
Lawrence Wintermeyer, Chairman of the Board of GDF, has been appointed to the Board of Directors of GBBC. He added: “The rapid growth and sustainability of blockchain, crypto and digital assets means that there is a clear need for efficient, harmonized regulations built on a robust global framework. Leading global institutions and leaders need to work with each other, with governments and with regulators to achieve this framework, and GBBC and GDF have a vital role to play in facilitating and initiating this key collaboration.
David Treat, senior executive and Global Metaverse Continuum Business Group & Blockchain leader at Accenture, said: “The digital assets industry has grown unprecedentedly in both retail and institutional channels as companies want to provide more transparent and secure infrastructure. The merger of GBBC and GDF is a significant move that will further accelerate the use and benefits of this transformation technology. At Accenture, we believe that this technology supports the next wave of innovation that will open up a whole range of game-changing possibilities for our customers. ”
This announcement is published at the GBBC Blockchain Headquarters in Davos - five years after the formation of the GBBC in Davos in 2017.
About the Global Blockchain Business Council
GBBC is a leading global industry association for the blockchain technology ecosystem with nearly 500 institutional members and 178 ambassadors from more than 95 jurisdictions and disciplines. GBBC is committed to further adopting the blockchain by engaging regulators, business leaders and global change creators on how to harness this revolutionary technology to create safer, fairer and more functional societies.
GBBC Digital Finance (GDF) will become the UK-based GBBC Financial Services Division. GDF focuses on adopting best practices for crypto assets and digital financial technologies, through the development of standards of conduct in a forum of joint engagement with market participants, policy makers and regulators. Over 350 industry professionals from around the world have worked to develop the GDF Code of Conduct: the only global standard in the emerging crypto and digital ecosystem. GDF incorporates existing financial services initiatives within GBBC, such as the Distributed Book Group (PTDL).
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