BitMEX, one of the world’s biggest bitcoin platforms, hires former Hong Kong markets watchdog to oversee operations
Veteran regulator Angelina Kwan appointed COO of BitMEX with a view to improving global cryptocurrency rules through collaboration
One of the world’s biggest cryptocurrency trading platforms, the Bitcoin Mercantile Exchange (BitMEX), has recruited a Hong Kong regulatory veteran to work with watchdogs worldwide to develop a proper set of rules to help the industry grow.
BitMEX appointed Angelina Kwan on Tuesday to become its chief operating officer with immediate effective, overseeing the overall development of the company.
Kwan, a certified public accountant, served as managing director and head of regulatory compliance for Hong Kong Exchanges and Clearing from January 2015 until the end of August this year. Previously, she was a director at the Securities and Futures Commission between 1998 and 2006, covering enforcement and market supervision.
Between the two regulatory roles, she worked at brokerage firms including Reorient and CLSA.
“I hope my previous experience will help in establishing a constructive dialogue with the various regulatory authorities around the world over the development of regulation in the cryptocurrency industry,” she said in a telephone interview on Tuesday.