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Binance Adds Ex-Brazilian Central Bank Governor to Its Advisory Board

Binance Adds Ex-Brazilian Central Bank Governor to Its Advisory Board

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Answer Binance Adds Ex-Brazilian Central Bank Governor to Its Advisory Board

Binance, the world’s largest cryptocurrency exchange by trading volume, continues its efforts to expand its team despite the prevailing crypto winter.

Recently, trading platform Binance added a former governor of the Central Bank of Brazil to its team.

The former Governor of the Central Bank of Brazil joins the Binance Advisory Board:

Rio de Janeiro-based media outlet O Globo revealed the news on Monday.

According to the report, Binance has hired talented economist Henrique Meirelles who was also the former head of the Brazilian Central Bank.

Meirelles will join the Binance team as a member of the company’s advisory board.

Read:Cryptocurrency exchange recovers $2.3 million in stolen funds

The company said in a recent statement to support the report:

Binance confirms Henrik Meirelles’ participation in the company’s new global advisory board and says it will release more details on the initiative soon.

Henrique Meirelles became president of the Central Bank of Brazil in 2003.

The 77-year-old economist held the position until 2011.

Henrique Meirelles also served as Brazilian Finance Minister under Michael Timmer.

In addition to his political positions, Henrique Meirelles is also the Chairman of the Board of Directors of the Brazilian investment company J&F Investments SA.

Winter Crypto Didn’t Affect Binance:

The inclusion of such a reputable figure clearly confirms the prominent position of the company in the global scene.

Earlier, “CZ” told the founder of Binance that there are many people claiming to be working for Binance by posting this on “LinkedIn” when in fact only 50 individuals out of the total of 7,000 individuals claim to be part of the Binance team.

While other companies are laying off workers, Binance appears unfazed by the effects of the crypto winter.

Read:Telegram responds to accusations from the US Securities and Exchange Commission (SEC)

In June when winter was at its coldest, CZ indicated that the platform is looking to capitalize on the winter crypto.

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