{"id":10055,"date":"2024-07-10T17:48:23","date_gmt":"2024-07-10T17:48:23","guid":{"rendered":"https:\/\/www.cryptometer.io\/news\/?p=10055"},"modified":"2024-07-10T17:48:26","modified_gmt":"2024-07-10T17:48:26","slug":"sbi-digital-markets-appoints-jai-yung-byun-for-korea-expansion","status":"publish","type":"post","link":"https:\/\/www.cryptometer.io\/news\/sbi-digital-markets-appoints-jai-yung-byun-for-korea-expansion\/","title":{"rendered":"SBI Digital Markets Appoints Jai Yung Byun for Korea Expansion"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">SBI Digital Markets, a crypto firm under SBI Holdings, has announced the appointment of Jai Yung Byun as the Principal Consultant. This strategic move aligns with the platform\u2019s plan to expand into South Korea and navigate the country\u2019s evolving crypto regulatory landscape.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Strengthening Governance and Compliance<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">SBI Digital Markets aims to bolster its governance and regulatory compliance standards under Byun\u2019s guidance. CEO Winston Quek emphasized that Byun\u2019s appointment underscores the firm\u2019s commitment to delivering excellence and driving growth in Korea, the Asia-Pacific (APAC) region, and beyond. Quek stated, \u201cLeveraging Mr. Byun\u2019s consultancy, we will further strengthen our governance and regulatory compliance standards to safeguard the interests of our institutional investors and partners.\u201d<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Byun\u2019s Extensive Experience<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Byun brings a wealth of experience to his new role. He has held several key positions at the Bank of Korea, including Head of the International Finance Policy Planning Team, Director General of Foreign Exchange Analysis and Investigation, and Chief Representative at the Bank of Korea\u2019s Washington D.C. Representative Office. His significant contributions to South Korea\u2019s recovery from the 1997-1998 foreign exchange crisis highlight his expertise in financial governance and policy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Also Read: <a href=\"https:\/\/www.cryptometer.io\/news\/nab-ventures-invests-in-zodia-custodys-australia-expansion\/\">NAB Ventures Invests in Zodia Custody\u2019s Australia Expansion<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">SBI Digital Markets\u2019 move comes as South Korea prepares to implement new crypto regulatory norms on July 19. These regulations aim to address the growing threats in the crypto market and ensure a safer environment for investors. Byun\u2019s appointment signals SBI Digital Markets\u2019 commitment to not only expanding its footprint in Korea but also to enhancing its regulatory and governance frameworks.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Strategic Insight for Growth<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Since 2023, Byun has been contributing to SBI Digital Markets by discussing innovative strategies for business development and regulatory compliance. His strategic insight is expected to be crucial as the firm navigates the upcoming regulatory changes in South Korea. Byun\u2019s vast experience and deep understanding of financial systems position SBI Digital Markets to successfully adapt to these new regulations and drive growth in the region.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Jai Yung Byun\u2019s appointment as Principal Consultant at SBI Digital Markets marks a significant step in the company\u2019s expansion into South Korea. With his extensive background in financial governance and policy, Byun is well-equipped to help SBI Digital Markets strengthen its regulatory and compliance standards. As South Korea implements new crypto regulations, Byun\u2019s expertise will be instrumental in ensuring the firm\u2019s success in this evolving market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SBI Digital Markets, a crypto firm under SBI Holdings, has announced the appointment of Jai Yung Byun as the Principal Consultant. This strategic move aligns with the platform\u2019s plan to expand into South Korea and navigate the country\u2019s evolving crypto regulatory landscape. Strengthening Governance and Compliance SBI Digital Markets aims to bolster its governance and [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":10058,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[43],"tags":[],"class_list":["post-10055","post","type-post","status-publish","format-standard","has-post-thumbnail","category-general-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.2 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>SBI Digital Markets Appoints Jai Yung Byun for Korea Expansion<\/title>\n<meta name=\"description\" content=\"SBI Digital Markets, a crypto firm under SBI Holdings, has announced the appointment of Jai Yung Byun as the Principal Consultant. This strategic move\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.cryptometer.io\/news\/sbi-digital-markets-appoints-jai-yung-byun-for-korea-expansion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SBI Digital Markets Appoints Jai Yung Byun for Korea Expansion\" \/>\n<meta property=\"og:description\" content=\"SBI Digital Markets, a crypto firm under SBI Holdings, has announced the appointment of Jai Yung Byun as the Principal Consultant. This strategic move\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.cryptometer.io\/news\/sbi-digital-markets-appoints-jai-yung-byun-for-korea-expansion\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoMeter.io\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-10T17:48:23+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-07-10T17:48:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2024\/07\/IMG_2324.png\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"295\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Raj Sharma\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CryptoMeterIO\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoMeterIO\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Raj Sharma\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/sbi-digital-markets-appoints-jai-yung-byun-for-korea-expansion\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/sbi-digital-markets-appoints-jai-yung-byun-for-korea-expansion\\\/\"},\"author\":{\"name\":\"Raj Sharma\",\"@id\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/#\\\/schema\\\/person\\\/bbfe4a2efa58e681b4208612112f3149\"},\"headline\":\"SBI Digital Markets Appoints Jai Yung Byun for Korea Expansion\",\"datePublished\":\"2024-07-10T17:48:23+00:00\",\"dateModified\":\"2024-07-10T17:48:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/sbi-digital-markets-appoints-jai-yung-byun-for-korea-expansion\\\/\"},\"wordCount\":417,\"publisher\":{\"@id\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/sbi-digital-markets-appoints-jai-yung-byun-for-korea-expansion\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/IMG_2324.png\",\"articleSection\":[\"General News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/sbi-digital-markets-appoints-jai-yung-byun-for-korea-expansion\\\/\",\"url\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/sbi-digital-markets-appoints-jai-yung-byun-for-korea-expansion\\\/\",\"name\":\"SBI Digital Markets Appoints Jai Yung Byun for Korea Expansion\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/sbi-digital-markets-appoints-jai-yung-byun-for-korea-expansion\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/sbi-digital-markets-appoints-jai-yung-byun-for-korea-expansion\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.cryptometer.io\\\/news\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/IMG_2324.png\",\"datePublished\":\"2024-07-10T17:48:23+00:00\",\"dateModified\":\"2024-07-10T17:48:26+00:00\",\"description\":\"SBI Digital Markets, a crypto firm under SBI Holdings, has announced the appointment of Jai Yung Byun as the Principal Consultant. 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