A major merger creates the world’s largest member association for the blockchain technology and digital assets sector

The Global Blockchain Business Council, the world’s leading industry association for the blockchain technology ecosystem, has announced a major merger with the world’s leading association for market standards for the acceptance of cryptocurrencies and digital assets, Global Digital Finance (GDF).

The merger sees the two organizations pooling their respective resources, assets and membership, becoming the world’s largest industry association for the blockchain technology and digital assets ecosystem. The combined association will have nearly 500 institutional members and 178 ambassadors working in 95 jurisdictions and disciplines. Global Digital Finance will be renamed GBBC Digital Finance, based in the United Kingdom, with teams primarily in EMEA and APAC.

Sandra Roe, CEO of GBBC, said: “I am so grateful to our GBBC and GDF communities of change makers. They are the reason we exist and lead our mission to train, advocate and develop partnerships to create new opportunities for many, not the few. Our global collaboration, scale and influence will change the game for our members and for Web3 in general. I am incredibly excited about the forthcoming positive impact of this combined network between 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 viability of blockchain, crypto and digital assets means that there is a clear need for effective, harmonized regulation based on a stable global framework. Leading global institutions and leaders must work with each other, with governments and regulators to provide this framework, and there is a vital role that GBBC and GDF play in facilitating and fostering this important collaboration.

David Treight, Senior Managing Director and Global Metaverse Continuum Business Group and Blockchain Leader at Accenture, said: “The digital asset industry has grown unprecedentedly in both commercial and institutional channels as businesses strive 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 is at the heart of the next wave of innovation, which will open up a whole range of game-changing opportunities for our customers. ”

This announcement was made at Blockchain Central of GBBC in Davos – five years after the formation of GBBC in Davos in 2017.

About the Global Blockchain Business Council

GBBC is the 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 promoting blockchain adoption by engaging regulators, business leaders and global change on how to use this innovative 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 finance technologies by developing standards of conduct in a shared forum for engaging market participants, policymakers and regulators. More than 350 industry professionals from around the world have worked to develop GDF codes of conduct: the only global standard in the emerging crypto and digital asset ecosystem. The GDF includes existing financial services initiatives within the GBBC, such as the Post Trade Distributed Ledger Group (PTDL).

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