At the beginning of November, Binance announced the appointment of Frida Vargas as its new General Manager for Mexico. This was reported to Cointelegraph en Español in a statement.
Vargas is a Executive with international experience in technology, sales and development of SAAS startups in Latam. She claims to be a true believer in the transformative power of cryptocurrencies and new technologies.
In addition, Frida has a degree in Business Administration from the Tecnológico de Monterrey. Vargas commented: “At Binance we want cryptocurrencies and blockchain to become widespread in Mexico, improving the lives of millions of people throughout the country, in a simple and accessible way.”. He also added: “Mexico is a key market for the company and we will continue to invest and expand services for local users, as well as contributing to the development of the blockchain and cryptocurrency ecosystem in the country.”.
From the company they said: “Binance is leading the development of this industry around the world, working in partnership with regulators, lawmakers, and governments to ensure a more secure environment. Fully committed to regulatory compliance, the company believes that regulation is the only way for the crypto industry to grow and reach the general public, bringing its benefits to more people around the world.”.
Last September, they also announced the creation of their new “Global Advisory Council” (GAB), made up of experts in public policy, government, finance, economics and corporate governance. It has the participation of Adalberto Palma in Mexico, who has more than 30 years of experience in the financial sector, in executive positions such as Banamex, Citibank and Bankers Trust, in addition to having held the position of President in the National Banking and Securities Commission. (CNBV). The purpose of the Council is to advise the company on some of the most complex regulatory, political and social issues facing the entire crypto industry as it grows and evolves at speed.
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