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Home News

Crypto Exchange Binance Hires Former Brazilian Central Bank President as Adviser

Between the years 2016 and 2018, Henrique Meirelles also served the position of Minister of the Economy.

Azmarine by Azmarine
September 6, 2022
in News
Reading Time: 1 min read
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Economy Minister Henrique Meirelles Binance Crypto Exchange CryptoSeptic
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Henrique Meirelles, a former president of the Brazilian Central Bank and economy minister, was recruited by Binance, the largest cryptocurrency exchange when measured by trading volume, to serve on the advisory board of the company.

“Binance confirms the participation of Henrique Meirelles in the company’s new global advisory board and reports that it will release more details about this initiative soon,” the company said in a statement after the Brazilian newspaper O Globo reported the appointment. “Binance confirms the participation of Henrique Meirelles in the company’s new global advisory board,” the company said.

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During the time that Lula da Silva was president of Brazil, Meirelles served as president of the country’s central bank from 2003 until 2011. Between the years of 2016 and 2018, he held the position of Minister of the Economy, during which time he served part in the first meetings on cryptocurrencies that were held at a Group of 20 event in 2017.

Meirelles could run for public office again if Lula da Silva emerges victorious in the presidential election scheduled for October. His main opponent in those elections will be Jair Bolsonaro, who is currently in office.

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