Global Digital Finance Appoints Advisory Council And Executive Directorbr>
Global Digital Finance (GDF) has announced that global leaders in the crypto sector have been appointed to the organisation’s Advisory Council.
GDF is an industry membership body that promotes the adoption of best practices for cryptoassets and digital finance technologies, through the development of conduct standards, in a shared engagement forum with market participants, policymakers and regulators.
The Advisory Council’s founding members include Archax, Cambrial, CryptoCompare, Messari, Metaco, Radix, Solidus Labs, Steptoe & Johnson LLP and Templum, Inc. The council’s patron members are Circle, Coinbase, ConsenSys, DLA Piper, Diginex, Hogan Lovells and R3. The Advisory Council, which will be headed by former Head of Risk and Strategy at the Hong Kong Securities and Futures Commission Benedicte Nolens, will support GDF in developing its global strategy and growing a community membership of firms who wish to self-attest their compliance to the Code of Conduct and is independently.
“GDF has become a force that regulators and policy makers pay attention to and respect,” Nolens said. “The quality of the codes and working papers produced, developed through GDF’s open global community collaboration with crypto and digital assets firms and traditional finance professionals, resulting in a formal public consultation process, has proven to be very effective.”
GDF also announced that it has appointed former Global Head of Client Strategy at HSBC Teana Baker-Taylor as Executive Director. In this leadership role, Baker-Taylor takes responsibility for running the executive branch of the membership and joins the GDF Board of Directors.
“The GDF Code has been drafted by the cryptoassets community, for the community, with input from professional service providers, regulatory experts and financial services participants,” said Baker-Taylor “Our intention is to create holistic industry-led best practices to enable companies to consistently deliver high conduct standards and operating practices to their customers, market participants and regulators.”