GLOBAL VIRTUAL ASSET ASSOCIATION ANNOUNCES KEY EXECUTIVE LEADERSHIP

by IDAXA June 11, 2020

FOR IMMEDIATE RELEASE

SINGAPORE, 11 JUNE 2020 – The Council of the International Digital Asset Exchange Association (IDAXA) has formally elected its executive leadership team. IDAXA serves industry stakeholders globally as the principal conduit of communication with Regulators, Trade Associations and their respective
constituents.

Via a unanimous vote of its Council, IDAXA elected its co-founder, Anson Zeall, as its Chairman and interim Secretary General, as well as James (Jung Hweon) Jeon as its Vice-Chairman.

Zeall is also the founder and Chairman of the Singapore Cryptocurrency and Blockchain Industry Association (ACCESS), while Jeon is the Chairman of the Global Cooperation Committee of the Korea Blockchain Association (KBCA). Both individuals come with extensive experience in steering industry bodies towards successful and meaningful collaboration with Regulators and in advancing interests of the industry.

The election took place during the inaugural Council meeting held on 10 June 2020, attended by representatives from ACCESS, Blockchain Australia, Switzerland’s Crypto Valley Association (CVA), KBCA and Taiwan’s Blockchain Association. Also on hand to observe the proceedings were leaders from other country bodies who are in the process of joining IDAXA.

Zeall said, “IDAXA is the voice of all Associations and Virtual Asset Service Providers (VASPs), bridging communications between the private sector and the Financial Action Task Force (FATF), Organisation for Economic Co-operation and Development (OECD) and other governmental bodies. I am grateful to have Mr. Jeon by my side along with the rest of the Council in supporting our Members and Partners.”

“Much has happened since the V20 Summit at the G20 Leaders Summit in Osaka. Upon establishing IDAXA, our primary focus was to set a strong example of good governance by working diligently with our founding Trade Associations to demonstrate trust and accountability on the world stage. We will continue the dialogue with the FATF in regards to virtual asset regulation, particularly on the travel rule as one of the co-leads to establish IVMS101, the interVASP Messaging Standard.”

Jeon added, “Together, we will actively collaborate with global organizations as well as their respective markets to lay the groundwork for regulatory standards. Our Members' contributions based on our combined experience and leadership in this industry will be invaluable in supporting regulatory bodies around the world.”

For more information, please visit www.idaxa.org

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Media Contact:
Philippe LE SAUX
plesaux@idaxa.org