The crypto exchange appoints former Binance executive Hon Ng as Chief Legal Officer.
In the meantime, Bitget Wallet reaches 30 million users, surpassing MetaMask in July downloads.
Cryptocurrency
exchange Bitget has announced the appointment of Hon Ng as its new Chief Legal
Officer (CLO). The move comes as the company seeks to strengthen its regulatory
compliance and global expansion efforts.
Bitget Bolsters Legal Team
Ng, a
seasoned legal professional with over two decades of experience, joins Bitget
from Binance, where he served as General Counsel and Head of Government Affairs
& Policy. During his tenure at Binance, Ng played a crucial role in the
company's licensing efforts and compliance enhancements, as well as its
interactions with global regulators.
In his new
role, Ng will focus on similar tasks, overseeing Bitget's global regulatory
compliance, engaging in dialogues with regulators, and spearheading the
company's efforts to obtain licenses in new markets. His appointment comes at a
critical time for the cryptocurrency industry, which faces increasing
regulatory scrutiny worldwide.
Gracy Chen, Source: LinkedIn
“Hon
Ng's extensive experience in digital and Web3-related legal and compliance
affairs, combined with his track record of solving complex corporate-level
issues, makes him the ideal candidate for this position,” Gracy Chen, CEO of
Bitget, commented on the appointment.
Ng's career
includes overseeing a $500 million acquisition of a strategic stake in X
(formerly Twitter) in consortium with Elon Musk, and managing multiple
regulatory investigations in the crypto space. He has also been recognized by
the Financial Times as one of the World's Top 20 Legal Leaders.
“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,” Ng added.
Bitget Wallet More Popular
than MetaMask
In related
news, Bitget Wallet, the company's Web3 wallet division, has reached a
significant milestone of 30 million users. The wallet has experienced visible
growth, surpassing MetaMask in global app downloads for July 2024, “with total downloads on Apple's App Store and the Android Google Play
Store hitting 1.7 million in a month, showcasing a 140% rise from its previous
month,” the company commented in a separate press release.
The wallet has gained
significant traction in Japan, where it saw a 34% rise in new user
registrations. Data from data.ai indicates that the Bitget Wallet ranks as the
second most popular Web3 wallet in Japan, trailing only behind MetaMask.
Despite not being the
biggest cryptocurrency exchange by total volume, Bitget ended the quarter on a
positive note. During the period from April to June, it was the third highest
in terms of net capital inflow and demonstrated the most substantial growth in
market share among its peers. The platform witnessed $700 million in investor
inflows in the second quarter, with a nearly 50% increase in overall platform
activity.
Cryptocurrency
exchange Bitget has announced the appointment of Hon Ng as its new Chief Legal
Officer (CLO). The move comes as the company seeks to strengthen its regulatory
compliance and global expansion efforts.
Bitget Bolsters Legal Team
Ng, a
seasoned legal professional with over two decades of experience, joins Bitget
from Binance, where he served as General Counsel and Head of Government Affairs
& Policy. During his tenure at Binance, Ng played a crucial role in the
company's licensing efforts and compliance enhancements, as well as its
interactions with global regulators.
In his new
role, Ng will focus on similar tasks, overseeing Bitget's global regulatory
compliance, engaging in dialogues with regulators, and spearheading the
company's efforts to obtain licenses in new markets. His appointment comes at a
critical time for the cryptocurrency industry, which faces increasing
regulatory scrutiny worldwide.
Gracy Chen, Source: LinkedIn
“Hon
Ng's extensive experience in digital and Web3-related legal and compliance
affairs, combined with his track record of solving complex corporate-level
issues, makes him the ideal candidate for this position,” Gracy Chen, CEO of
Bitget, commented on the appointment.
Ng's career
includes overseeing a $500 million acquisition of a strategic stake in X
(formerly Twitter) in consortium with Elon Musk, and managing multiple
regulatory investigations in the crypto space. He has also been recognized by
the Financial Times as one of the World's Top 20 Legal Leaders.
“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,” Ng added.
Bitget Wallet More Popular
than MetaMask
In related
news, Bitget Wallet, the company's Web3 wallet division, has reached a
significant milestone of 30 million users. The wallet has experienced visible
growth, surpassing MetaMask in global app downloads for July 2024, “with total downloads on Apple's App Store and the Android Google Play
Store hitting 1.7 million in a month, showcasing a 140% rise from its previous
month,” the company commented in a separate press release.
The wallet has gained
significant traction in Japan, where it saw a 34% rise in new user
registrations. Data from data.ai indicates that the Bitget Wallet ranks as the
second most popular Web3 wallet in Japan, trailing only behind MetaMask.
Despite not being the
biggest cryptocurrency exchange by total volume, Bitget ended the quarter on a
positive note. During the period from April to June, it was the third highest
in terms of net capital inflow and demonstrated the most substantial growth in
market share among its peers. The platform witnessed $700 million in investor
inflows in the second quarter, with a nearly 50% increase in overall platform
activity.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
Retail Broker FXTRADING Appoints Institutional Veteran Adam Phillips as CEO
Marketing in 2026 Audiences, Costs, and Smarter AI
Marketing in 2026 Audiences, Costs, and Smarter AI
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
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-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
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As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
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Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
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-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
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🎥 TikTok: / fmevents_official
Educators, IBs, And Other Regional Growth Drivers
Educators, IBs, And Other Regional Growth Drivers
When acquisition costs rise and AI generated reviews are exactly as useful as they sound, performing and fair partners can make or break brokers.
This session looks at how these players are shaping access, trust and user engagement, and what the most effective partnership models look like in 2025.
Key Themes:
- Building trader communities through education and local expertise
- Aligning broker incentives with long-term regional strategies
- Regional regulation and the realities of compliant acquisition
- What’s next for performance-driven partnerships in online trading
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Zander Van Der Merwe, Key Individual & Head of Sales at TD Markets
-Brunno Huertas, Regional Manager – Latin America at Tickmill
-Paul Chalmers, CEO at UK Trading Academy
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
When acquisition costs rise and AI generated reviews are exactly as useful as they sound, performing and fair partners can make or break brokers.
This session looks at how these players are shaping access, trust and user engagement, and what the most effective partnership models look like in 2025.
Key Themes:
- Building trader communities through education and local expertise
- Aligning broker incentives with long-term regional strategies
- Regional regulation and the realities of compliant acquisition
- What’s next for performance-driven partnerships in online trading
Speakers:
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-Zander Van Der Merwe, Key Individual & Head of Sales at TD Markets
-Brunno Huertas, Regional Manager – Latin America at Tickmill
-Paul Chalmers, CEO at UK Trading Academy
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets
Connect with us at:
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🎥 TikTok: / fmevents_official
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Gerald Perez, CEO at Interactive Brokers UK
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
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📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As the arms race to bundle investing, personal finance, and wallets under super apps grows fiercer, brokers are caught between a rock and a hard place.
This session explores unexpected ways for industry players to collaborate as consumer habits evolve, competitors eye the traffic, and regulation becomes more nuanced.
Speakers:
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-Slobodan Manojlović,Vice President | Lead Software Engineer at JP Morgan Chase & Co.
-Jordan Sinclair, President at Robinhood UK
-Simon Pelletier, Head of Product at Yuh
Gerald Perez, CEO at Interactive Brokers UK
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #Innovation
Connect with us at:
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Mind The Gap: Can Retail Investors Save the UK Stock Market?
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Join a host of executives and experts for a candid conversation about the future of millions of Brits, as seen from a financial services standpoint:
-Are they happy with the Leeds Reform, in principle and in practice?
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#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #RetailInvesting #UKFinance
Connect with us at:
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🎥 TikTok: / fmevents_official
As the dire state of listing and investment in the UK goes from a financial services problem to a national challenge, the retail investing industry is taken to task.
Join a host of executives and experts for a candid conversation about the future of millions of Brits, as seen from a financial services standpoint:
-Are they happy with the Leeds Reform, in principle and in practice?
-Is it the government’s job to affect the ‘saver’ mentality? Is it doing well?
-What can brokers and fintechs do to spur UK investment?
-How can the FCA balance greater flexibility with consumer protection?
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Nicola Higgs, Partner at Latham & Watkins
-Dan Lane, Investment Content Lead at Robinhood UK
-Jack Crone, PR & Public Affairs Lead at IG
-David Belle, Founder at Fink Money
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #RetailInvesting #UKFinance
Connect with us at:
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