Bitget, a prominent cryptocurrency exchange and Web3 company, has appointed Hon Ng as its Chief Legal Officer. With over 20 years of experience in legal and compliance sectors for global corporations, Ng will be instrumental in ensuring Bitget’s adherence to worldwide regulatory requirements. His role will involve maintaining active dialogues with regulators, acquiring licenses in new markets, and innovating compliance products.
Background and Achievements of Hon Ng:
– Recognized by the Financial Times as one of the World’s Top 20 Legal Leaders.
– Recipient of the FT’s Innovative Lawyer Award and numerous other legal accolades.
– Former General Counsel and Head of Government Affairs & Policy at Binance, where he played a crucial role in licensing, compliance, and regulatory cooperation.
– Instrumental in creating a Global Advisory Committee at Binance, comprising experts from traditional finance and former lawmakers.
– Previous experience at Uber, where he contributed to its growth from a startup to a NYSE-listed global tech giant.
– Worked as a Corporate and Mergers & Acquisitions lawyer at prestigious law firms including Latham & Watkins, White & Case, and Herbert Smith Freehills.
– Involved in high-profile transactions such as the $500 million acquisition of a strategic stake in X (formerly Twitter Inc.) in a consortium with Elon Musk.
– Assisted in developing new regulatory frameworks for digital assets and obtaining over 17 crypto licenses and registrations.
Comments from Bitget and Hon Ng:
Gracy Chen, CEO of Bitget, praised Ng’s extensive experience in digital and Web3-related legal and compliance affairs, highlighting his ability to scale businesses and solve complex corporate issues. Ng expressed his excitement about joining Bitget, emphasizing the evolving regulatory environment of digital assets and his desire to contribute to the sustainability of the digital assets ecosystem. He looks forward to working closely with regulators and enhancing the industry’s compliance culture.
With Ng’s extensive background and expertise, Bitget aims to strengthen its compliance culture and continue its growth trajectory, advancing the adoption of cryptocurrencies and blockchain technology globally.
Source: ffnews.com
