Amber Group appoints Benjamin Bai as CLO

Amber Group appoints Benjamin Bai as CLO

The new CO of Amber Group was chosen by Intellectual Asset Management and Managing Intellectual Property, respectively, as one of the Top 300 IP Strategists in the World and one of the 50 Most Influential People in IP in 2020.

In a pivotal move amidst an ever-changing legal landscape, Amber Group has named Benjamin Bai as its Chief Legal Officer changing environment for digital assets, where the need for regulation is becoming more and more critical.

The chief legal officer (CLO) of the digital asset platform has been stolen from Ant Group, where he was vice president and chief IP and international litigation counsel.

"The top 50 IP influencers in the world as of 2020"

As Amber Group expands into new markets with a variety of regulatory environments, strengthens its commitment to regulatory compliance, and engages with policymakers and regulators internationally, Benjamin Bai will be tasked with leading the development of strong risk management frameworks and approaches.

The new CO of Amber Group was chosen by Intellectual Asset Management and Managing Intellectual Property, respectively, as one of the Top 300 IP Strategists in the World and one of the 50 Most Influential People in IP in 2020. Additionally, he received additional distinguished honours, such as China Law and Practice's IP Lawyer of the Year in 2015.

Prior to joining Ant Group, he worked as a partner at the American and Chinese law firms Jones Day and Allen & Overy, where he concentrated on high-stakes IP litigation and licencing.

"As a fervent supporter of emerging technologies, I have watched the rapid rise of the digital asset ecosystem in recent years that has underscored its immense potential to radically reshape the global financial ecosystem, I am happy to join Amber Group at such a crucial time to manage its worldwide Legal and Compliance team. As adoption of digital assets continues to expand worldwide, regulation and compliance will be important to sustain its position in the restructuring of the financial ecosystem. I'm looking forward to working with the team to maintain the highest levels of regulatory compliance across all the jurisdictions in which it conducts business. ," said Benjamin Bai, Chief Legal Officer of Amber Group.

"I am thrilled to welcome Benjamin to the Amber Group team. We feel that Benjamin's experience and legal knowledge will prove to be an excellent benefit to us as our team concentrates on enhancing our portfolio of goods and services to efficiently accelerate our growth. As we enter our next stage of global expansion, I am confident that he will strategically direct our team to set new industry standards for regulatory compliance and implement risk management best practises. He possesses expertise in blockchain patent filings, IP protection, and a background in leadership." stated Wayne Huo, Chief Operating Officer of the company.