Bitget, a leading cryptocurrency exchange and Web3 company, has appointed Hon Ng as its new Chief Legal Officer. With over two decades of experience in legal affairs, Ng has a strong background in working with governments and policymakers for global corporations. In his role at Bitget, he will be responsible for ensuring the company’s compliance with regulatory requirements worldwide, which includes engaging in constructive dialogues with regulators, securing licenses in new markets, and innovating products to enhance compliance. 

Recognized by the Financial Times as one of the World’s Top 20 Legal Leaders, Ng has received numerous accolades for his work as General Counsel, including the FT’s Innovative Lawyer Award. Before joining Bitget, he served as General Counsel and Head of Government Affairs & Policy at Binance, where he played a pivotal role in enhancing licensing and compliance efforts and collaborating with regulators globally, including in the U.S.

At Binance, Hon Ng was instrumental in creating a distinguished Global Advisory Committee, comprising top experts from traditional finance and former legislators. His contributions during this period revolutionized the industry's approach to compliance and know-your-client (KYC) protocols. Prior to his role at Binance, Ng was key in helping Uber transition from a startup to a publicly traded global technology powerhouse on the New York Stock Exchange. 

“Hon Ng’s extensive experience in digital and Web3-related legal and compliance affairs, as well as his outstanding track record of solving complex corporate-level issues and scaling businesses, have singled him out as the ideal candidate for the position of Chief Legal Officer at Bitget,” - Gracy Chen, CEO at Bitget

Strengthening Bitget's Compliance Culture: Insights from Chief Legal Officer Hon Ng

Throughout his career, Hon Ng has been at the helm of several high-profile initiatives, including a $500 million acquisition of a strategic stake in X (formerly Twitter Inc.) in consortium with Elon Musk. He has managed over 30 concurrent multi-regulator investigations within the cryptocurrency sector and provided extensive assistance to governments in establishing new regulatory frameworks for digital assets. Despite facing significant challenges in the industry, Ng successfully acquired more than 17 licenses and registrations for crypto ventures. He also played a key role in the $465 million sale of a 51% stake in Lion City Rentals and the $2 billion merger of Uber’s Southeast Asian business with Grab.

"I am thrilled to be joining Bitget as its new Chief Legal Officer. Bitget is one of the world’s most innovative and fastest growing companies in the Web3 sector. The regulatory environment in digital assets is rapidly evolving. I am delighted to be able to bring my extensive experience to help the Group navigate this complex regulatory landscape and support Bitget's continued growth. This is an exciting opportunity for me to be working with incredibly talented people and to continue to be able to enhance the industry’s culture of compliance, working side-by-side with regulators, in order to contribute meaningfully to the sustainability of the digital assets ecosystem," - Hon Ng, Chief Legal Officer of Bitget

Gracy Chen, CEO of Bitget, expressed enthusiasm about the addition of Hon Ng to the team, stating, "We at Bitget are delighted to welcome Hon as part of the team. His exceptional talent and experience, combined with our steadfast commitment to our core values, provide our exchange with a significant advantage in legal compliance."

Hon Ng brings over 20 years of professional experience to his role as Chief Legal Officer at Bitget, making him an ideal fit for this critical position. The company believes that Ng will significantly strengthen the platform's compliance culture while furthering its mission to advocate for the global adoption of cryptocurrencies and blockchain technology, in line with its core values and objectives.

About Bitget

Launched in 2018, Bitget has emerged as a top cryptocurrency exchange and Web3 company, catering to over 25 million users in more than 100 countries and regions. The Bitget exchange focuses on empowering users to trade more intelligently with its cutting-edge copy trading feature and diverse trading solutions. Formerly known as BitKeep, Bitget Wallet stands out as a world-class multi-chain crypto wallet, offering a comprehensive suite of Web3 solutions, including wallet services, swapping capabilities, an NFT marketplace, a DApp browser, and additional features.

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