BitMEX, one of the largest cryptocurrency trading platforms, has named Angelina Kwan, formerly managing director and head of regulatory compliance for Hong Kong Exchanges and Clearing Limited (HKEX), as its chief operating officer.
China and South Korea last year banned digital coin sales while other markets such as Hong Kong have not fully regulated cryptocurrency.
Norman Chan Tak-lam last month said cryptocurrency trading carries high risk while the city’s investment regulator, the Securities and Futures Commission of Hong Kong, has warned about fraud and manipulation in the cryptocurrency market.
Kwan, who spent eight years at the Securities and Futures Commission of Hong Kong, brings more than 24 years of experience in leadership roles for financial products in Asia and the United States.
Done Katch’ng up but want to read more? Read more here.