Singapore – Crypto.com, a Singapore-headquartered online platform that supports investors to invest in cryptocurrencies, has appointed Chin Tah Ang, former executive director and head at Digital Industry Singapore (DISG), to be its new general manager of Singapore.
In his new role, Ang will be bringing his strategic business development experience in the technology sector and deep understanding of the Singapore market landscape.
Ang’s most recent role was at DISG, a joint office between the Singapore Economic Development Board (EDB), Enterprise Singapore (EnterpriseSG), and Infocomm Media Development Authority (IMDA). DISG’s aim is to build a great technology ecosystem in Singapore by anchoring global technology leaders, building local champions and nurturing future-ready talent in Singapore. Aside from this, Ang has also previously served in a variety of roles with EDB, advancing strategy and policy engagement for the EDB in various international markets.
Commenting on his appointment, Ang said that Singapore is leading the way as a vibrant hub for fintech and Web3 innovation, and he is thrilled to join a company at the forefront of these efforts.
“Crypto.com 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,” he added.
Meanwhile, Kris Marszalek, co-founder and CEO of Crypto.com, shared that he is pleased to welcome Ang who brings a comprehensive and well-rounded understanding of local market conditions, the competitive landscape, as well as regulatory matters and technological trends.
“Chin Tah’s proven leadership and expertise will continue to guide us in a critical market for the future of our business and industry,” said Marszalek.
In June 2022, Crypto.com received in-principle approval from the Monetary Authority of Singapore (MAS) for its Major Payment Institution License.