Diginex Hires Thibault Verbiest to Oversee Regulations in Europe, Africa

The veteran fintech lawyer has over 25 years of experience.

Diginex, a blockchain 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.

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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 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.

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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.”

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