Diginex Hires Thibault Verbiest to Oversee Regulations in Europe, Africa

Diginex, a Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term and digital services platform, on Tuesday, announced the appointment of Thibault Verbiest as head of regulatory affairs for Europe and Africa.

Verbiest is bringing over 25 years of legal experience in the company and will be responsible for overseeing the legal and compliance functions of the company in the region while managing its relations with regulators across the two continents.

Commenting on the new appointment, Richard Byworth, chief executive of the Hong Kong-based company, said: “His significant expertise will play an important role in the expansion of our company’s footprint in Europe and globally. Thibault brings a wealth of insights into the regulatory status of blockchain technology and its market applications. He is rightly recognized as a leading legal expert in the Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term space.”

A seasoned blockchain lawyer

Prior to joining Diginex, Verbiest worked as a partner at DS Avocats, where he created a department dedicated to fintech, digital banking, and crypto-finance. He was also a partner at Gaulle Fleurance, where he advised the Belgian federal government on its policymaking approach towards the internet.

He is deeply involved in blockchain and crypto policymaking and also worked with the French government on the first draft of the PACTE crypto-assets legislation.

Diginex is one of the few companies which received a license to manage digital asset funds from Hong Kong regulator. The company also listed itself earlier on Nasdaq through a reverse merger.

“This is a very exciting time to be joining Diginex. It is one of the few companies, if not the only company, targeting institutional investors that is capable of bringing together a set of complementary products and services to realize the full value of distributed ledger technology within financial markets,” Verbiest said on the new position.

“Its rapid growth to date is testament to its institutional approach to enabling the adoption of these technologies, and to its expert-led team comprised of professionals from financial services, compliance and blockchain technologies, who I am looking forward to working alongside.”