Crypto exchange Crypto.com has appointed Chin Tah Ang as general manager at its Singapore headquarters.
The platform announced the appointment in a press release on Thursday that noted Chin’s “strategic business development experience in the technology sector and a deep understanding of the Singapore market landscape.”
Chin spent the past three years leading Digital Industry Singapore (DISG) – an alliance of the Singapore Economic Development Board (EDB), Enterprise Singapore (EnterpriseSG) and Infocomm Media Development Authority (IMDA), the three key government agencies leading tech industry development in Singapore. He was previously director of infocommunications and media at EDB, and was regional director for the EDB based in New York, overseeing its operations in New York, Boston, Washington DC, Chicago, and São Paulo, Brazil.
The new GM said the platform will “continue to collaborate closely with our public and private sector partners to address critical issues, promote responsible digital asset innovation, and ensure the sustainable growth of Web3 in Singapore.”
Crypto.com received an in-principle approval from the Monetary Authority of Singapore (MAS) for its Major Payment Institution License in June 2022. It serves more than 50 million customers and is the world’s fastest growing global cryptocurrency platform, according to the company.