Bitget, the leading Universal Exchange (UEX), has announced significant accolades for its in-house Legal Team, underscoring the increasing importance of legal expertise in the rapidly evolving cryptocurrency market. At the Thomson Reuters Asian Legal Business (ALB) Hong Kong Law Awards 2025, Phil Leung, the Legal Director of Bitget, garnered the prestigious title of “Young Lawyer of the Year” and was also a finalist for “Fintech Lawyer of the Year.” Additionally, the Bitget Legal Team was nominated for “Fintech Team of the Year,” while the Chief Legal Officer Hon Ng was recognized as a finalist for “Lawyer of the Year.” These honors place Bitget’s legal team alongside other notable international law firms and top-tier in-house legal departments, demonstrating their growing influence.
The awards ceremony attracted over 400 professionals from the legal and financial sectors, including several prominent crypto platforms, signifying the critical role that legal teams are playing in the world of finance. Furthermore, Bitget’s Legal Team also received the “ELITE Team” award from LexisNexis and saw Phil Leung named one of LexisNexis’s top “40 UNDER 40” lawyers for 2025.
LexisNexis pointed to Bitget’s remarkable growth between 2024 and 2025, during which the exchange surged from a top-10 position to become the fourth-largest global crypto exchange by trading volume. By 2025, Bitget boasted over 120 million users and processed daily crypto trades exceeding US$30 billion, translating to over US$1 trillion annually.
The Legal, Compliance, and Internal Controls Department at Bitget was established in 2024, led by Hon Ng, with Phil Leung coming on board shortly thereafter as the first leader at the departmental level. Under their leadership, the department has expanded to more than 100 professionals nationwide, effectively managing key legal issues, including licensing, regulatory compliance, corporate matters, and dispute resolution, as Bitget enhances its footprint in critical global markets.
In response to the accolades, Hon Ng expressed that the recognitions reflect how specialized crypto in-house teams are now becoming embedded within the mainstream legal landscape. He emphasized that Bitget’s legal team has been structured to adapt swiftly to regulatory changes, ensuring user protection and supporting responsible product development.
These recent awards are a testament to Bitget’s continual commitment to expanding its international presence, navigating complex regulatory environments, and safeguarding user interests.
Founded in 2018, Bitget serves more than 120 million users equipped with diverse options, including crypto tokens, tokenized stocks, and ETFs. The platform is geared towards enhancing the trading experience through innovative, AI-driven tools and cross-platform interoperability. Bitget Wallet, a leading non-custodial crypto wallet, supports over 130 blockchains and millions of tokens, offering multi-chain trading and advanced insights into market trends.
Furthermore, Bitget is actively fostering crypto adoption through collaborations, such as its role as the Official Crypto Partner of LALIGA, one of the world’s most respected football leagues, in Eastern, SEA, and LATAM markets. Aligning with its commitment to global impact, Bitget has partnered with UNICEF to provide blockchain education to 1.1 million individuals by 2027, and it stands as the exclusive cryptocurrency exchange partner of MotoGP™, one of the premier motorsport championships.
For comprehensive information about Bitget and its offerings, interested parties can visit the official website and follow them on various social media platforms.
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