Former UBS China president joins cryptocurrency firm Higgs Block as CEO

Former UBS China president joins cryptocurrency firm Higgs Block as CEO

Cryptocurrency mining machines sit in operating racks at the home of Dmitry Gutov, a Russian cryptocurrency 'miner,' in Krasnogorsk, Russia, on Thursday, Sept. 7, 2017. Photographer: Andrey Rudakov/Bloomberg

Karen Chen, the former president of UBS China Ltd., has been appointed chief executive officer at a cryptocurrency firm Higgs Block Technology Pte. Ltd., joining other financial-industry veterans in jumping ship to the burgeoning technology.

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