INX hires Keren Avidar as General Counsel ahead of non-deliverable crypto forwards launch
INX has appointed Keren Avidar as Global General Counsel to provide legal, compliance and regulatory guidance at the broker-dealer and inter-dealer broker.
Keren Avidar will employ decades of experience working in high-ranking leadership positions at prestigious law firms worldwide as INX plans to offer non-deliverable cryptocurrency forwards to Tier-1 banks in the future.
The firm is currently operating two regulated trading platforms for blockchain assets, INX’s interdealer broker, I.L.S. Brokers.
The new Global General Counsel at INX will be involved in setting governance policies, establishing standards and implementing procedures for effective compliance programs throughout the organization.
The legal expert will ensure INX’s solutions for issuing and trading digital assets thrive knowing that all legal and compliance aspects are covered.
Keren Avidar is “ought-after authority” on SEC, CFTC, FINRA, ESMA, EMIR, more
Shy Datika, CEO of INX, said: “We welcome Ms. Avidar to the INX family and are thrilled to have the opportunity to leverage her pristine reputation as one of the finest legal minds in global digital finance. Our continued mission is to work hand-in-hand with U.S. and international regulatory bodies to build successful bridges between the traditional and digital economies at scale. Ms. Avidar has the background and expertise to help us navigate this process now and well into the future.”
Keren Avidar, Global General Counsel at INX, commented: “I’m excited to join the INX team of experienced professionals that continue to innovate the digital asset market, while encouraging regulation. At INX, we believe that the regulatory framework is intended to protect investors and preserve financial stability, which allows for greater growth and adoption. I am privileged to be part of the INX team in our collective efforts to help build the digital asset ecosystem on a solid regulatory foundation.”
As a member of both the New York and Israeli Bar Association, Keren Avidar has become an expert in relevant laws and regulations of traditional and digital asset trading, and dealing with the largest regulatory bodies in the world, including U.S. Securities & Exchange Commission (SEC), Commodity Futures Trading Commission (CFTC), Financial Industry Regulatory Authority (FINRA), as well as European Securities & Markets Authority (ESMA), European market infrastructure regulation (EMIR).
INX is looking to leverage Avidar’s knowledge of global trading standards and practices to increase access for U.S. and international investors to the growing opportunities in the digital economy.
