Cryptocurrency exchange Binance announced on Thursday it is joining Blockchain for Europe, the European membership association. Teana Baker-Taylor, U.K. Director at Binance, has also been appointed to the Board of Blockchain for Europe, alongside Fetch.ai, Ripple, Block.one, and Blockseed Ventures.
According to Binance, Blockchain for Europe and its members are currently focused on responding to the EU Action Plan on AML public consultation, the Digital Services Act (DSA) consultation on Smart Contracts, and contributing to ongoing discussions on the proposed EU Framework for Markets in Crypto-assets consultation conducted in December 2019. Speaking about the platform joining Blockchain for Europe, Baker-Taylor, stated:
“As a global leader in the digital asset industry, Binance is committed to working with policy makers to educate and support the development of informed and effective governance models which promote the overall growth of the blockchain ecosystem. We’re delighted to join Blockchain For Europe to collaborate with some of the industry’s top companies to advocate for blockchain technology and tokenisation innovation in Europe.”
Maria Minaricova, Chairwoman of the Board for Blockchain for Europe, further explained:
“At Blockchain for Europe we are very excited to welcome Binance, the world’s largest cryptocurrency exchange, to join our global team of blockchain industry leaders. Together we will continue to support European regulators and policy-makers in their efforts to unlock the potential of blockchain technology and to ensure Europe remains at the forefront of the technological innovations that will shape our future.”