PANews reported on March 15 that Hong Kong-listed company Hong Kong Asia Holdings (1723.HK) announced a series of new appointments to the board and senior management positions, including director, chairman, CEO, CFO and CIO. New CEO John Riggins said that the company's comprehensive changes in directors have been completed and Bitcoin-related (₿ig) products are about to enter the most important market in Asia.

New CEO John Riggins has over 10 years of experience in the cryptocurrency industry and is a founding partner of the UTXO Bitcoin Ecosystem Fund. Since February 2016, he has also served as the head of international operations for BTC Inc. (publisher of Bitcoin Magazine and organizer of the annual Bitcoin Conference).

Earlier news , Hong Kong Asia Holdings disclosed that it spent HK$5.9369 million to increase its holdings of 7.88 bitcoins.