Press Release
AOFEX Establishes Japan Branch to Implement Its Globalization
AOFEX has officially established its Japan Branch on September 16, 2021 to start its business in Japan and further develop the market in Asia. To celebrate the establishment of AOFEX’s Japan Branch and express our gratitude to our users, AOFEX gives away 200,000 USDT (Find our more benefits at the end of the article).
Since its launch on September 2nd, the Canadian branch of AOFEX has carried out various digital asset businesses in an orderly manner, deepened its localization strategy, and provided local users with high-quality digital financial services. Up to now, AOFEX has gained the trust and support of more than 50,000 Canadian users. The establishment of the Japan Station is another milestone in the implementation of the “AOFEX Global Strategic Plan”. In the AOFEX business strategy and user expectations, AOFEX will steadily develop upwards and achieve a global layout.
About AOFEX
AOFEX, based in London, the United Kingdom, is a global leading service platform of digital assets with security. Engage in finance and technology for many years, the core staff of AOFEX have provided technology and business consultation services for a large number of financial institution, and accumulated rich experience in risk control and management. AOFEX has introduced the world’s top risk control system of bank securities, adopted underlying security technologies, established an internal supervision and warning system, as well as built a risk reserve mechanism to provide users with a more secure cryptocurrency trading environment.
To follow the mission of “including more people into the digital finance”, and insist on the vision of “being the most influential digital financial platform to provide service for 10 million institutional investors and qualified investors”, AOFEX has received the MSB license for digital currency trading and can provide 24-hour services for 1.7 million users.
AOFEX Development
To promote the leading service of digital assets with security to the world, accurately attract more users, and obtain more digital financial resources. In 2021, AOFEX will further promote the business, fully launch the global strategic plan, and establish more branches in different countries around the world, bringing qualify services to more regions.
The establishment of Japan Branch will provide cryptocurrency services to users in Japan and other Asian regions, which is another localized service after Canada Branch.
Establish branches in more countries/regions
To implement this Plan, AOFEX, based on the service system, cryptocurrency industry, and market demands, strives to offer local services in countries and regions, enriches local blockchain asset exchange service with the guidance of local policies, and provides diverse and comprehensive trading products and quality financial services for global users at the bigger picture.
Provide professional services based on the practical situations in Japan
For cryptocurrency regulation, Japan leads the way. In April 2017, Japan has enacted the Amended Fund Settlement Act on cryptocurrencies. More laws have been implemented, such as the Fund Settlement Implementation Act, Decrees on Cryptocurrency Exchange by the Industry Cabinet Office and other related regulations. At the same time, the Financial Services Agency also issued a number of guidelines and decrees to support the specific implementation of such regulations. To accelerate the application of cryptocurrency, relevant regulations have contributed to the compilation of other laws and regulations, such as the Financial Commodity Exchange Act and the Banking Act. In this case, AOFEX will develop a digital asset service system suitable for the local development based relevant policies.
For asset services, nearly $100 million of digital assets on crypto exchanges in Japan were hacked, triggering panic. AOFEX always values the security. As AOFEX launches its branch in Japan, it will bring safe and reliable services to users and develop local digital finance.
Integrate with the platform’s ecosystems to enhance value
Expanding businesses——OT is a digital asset on ERC20 issued by AOFEX. The application scenarios of OT cover all products and rights and interests on the platform, including but not limited to deducting fees, obtaining airdrop rewards, preferential purchase of hot saving products, bonus rebate, positions and mining, AP integration branch, etc. As AOFEX is growing, its OT businesses are expanding to improve the ecosystem of AOFEX.
With the business development and layout of AOFEX and growing OT, AOFEX ecosystem will be improved a lot in a short time. Since the establishment of Canada Branch, OT has gone up steadily, with an increase of 159.12% in 30 days, quoting 6.7513 USDT now. As OT goes up steadily and its mechanism is being improved, AOFEX ecosystem will also grow bigger, to contribute to the mutual development.
Expanding Business scope ——OT (Option Token) is a digital asset issued by AOFEX based on ERC20, covering all businesses of the platform in the world. The functions of OT cover all products and rights and interests in the platform, including but not limited to: deducting fees, obtaining air drop awards, preferential purchase of hot financial products, bonus rebate, mining, AP integration branch, etc.
With the development of AOFEX, more abundant business scope of OT will be explored, developing the AOFEX ecology.
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Well-performed deflation mechanism——To increase the ecological value of OT, the platform will establish a sound deflation mechanism, and adopt the mode of burning before output, where the amount of burning is ≧ the amount of output. After the launch of OT, the circulation volume on the secondary market does not exceed 20% (20 million) of the total amount, until the total amount reaches 20 million. AOFEX exchange uses 20% of profits from transaction fees per month to repurchase OT from secondary markets and burn it. Besides, OT is burnt along with the launch of new projects. Through burning by repurchase and listing, the total amount of OT is decreased to improve its scarcity, provide stable necessities and accelerate the burning schedule, build a complete token economy system, and enable OT and AOFEX ecosystem to appreciate greatly. Until now, AOFEX has destroyed 8,844,820 OT in total.
Diverse features——OT is now used for voting, payment, lockup or holding positions. OT holders can enjoy corresponding rights and benefits, and are supported by AOFEX’s platform value. At the same time, due to the inelastic demand of project parties and comments, OT circulating amount will be reduced to create long-term and stable good situation. With the global strategic plan, AOFEX ecosystem scenarios are gradually implemented and OT will be adopted in all scenarios to empower the eocsystem and create values.
AOFEX’s Benefits
To celebrate the establishment of AOFEX’s Japan Branch and express our gratitude to our users, AOFEX gives away 200,000 USDT.
During the activity, users can go to the Telegram bot via our announcement or other social media platforms and complete the first 4 tasks sent by the bot to obtain 3 USDT, with 50,000 USDT in total. Trade to win 2 USDT, with 50,000 USDT in total. To win more rewards, invite your friends to complete tasks and share 100,000 USDT. The referral is directly proportional to the rewards. 200,000 USDT in total!
Thanks for your long-term support and trust! AOFEX strives to provide you with more secure and better digital assets service.
Participants: All users signed up on AOFEX
Time: 17:00, September 16, 2021 – 17:00, September 23, 2021 (GMT+8)
Entry: Telegram
AOFEX will continue to improve the local development strategy in Japan and insist on providing users with the fastest, safest and most professional digital financial services. At the same time, it will continue to promote the global strategy, build branches around the world, develop customized services and make digital finance benefit the common people.
AOFEX’s social media platforms:
Official website: www.aofex.com
Telegram (English): https://t.me/TheAofex
Twitter 1: https://twitter.com/Aofex2
Twitter 2: https://twitter.com/AOFEXGlobal
Facebook: https://www.facebook.com/profile.php?id=100039575555419
YouTube: https://www.youtube.com/channel/UCWW5jQ9Li17TrZ-P0YfhCgA
Medium: https://medium.com/@aofex
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Dubai, United Arab Emirates, September 10th, 2026, Chainwire
The appointment brings a veteran of regulated digital-asset and brokerage businesses to a firm turning its focus from growth alone to the foundations that sustain it.
Tag Markets today announced the appointment of Craig Lund as Chief Executive Officer. Lund will lead the company’s executive team and its next phase of development, working alongside the firm’s founders and existing stakeholders.
Lund brings more than fifteen years of experience across financial services, regulated digital assets, operations and governance, with senior leadership roles at Merrill Lynch, M2, MidChains, BitOasis, and Property Finder. He has helped take multiple regulated financial businesses from formation to licensing across several jurisdictions, has led teams numbering in the hundreds, and has worked within organisations responsible for several billion dollars in trading volume. His experience spans risk, regulatory engagement, cross-border settlement, product infrastructure and the building of executive teams.
At BitOasis, he was part of the leadership team that scaled the business many times over and contributed to securing one of the first in-principle approvals granted by Abu Dhabi Global Market to a digital asset exchange and custodian. At MidChains, he helped build an over-the-counter desk that reached multi-billion-dollar volume within its first year. At M2, he led the group operational structure that took a globally regulated exchange and custody platform from a standstill to launch within months, under multiple global regulated frameworks.
The appointment comes as Tag Markets turns its attention to the part of a brokerage that clients experience most directly. Spreads and platforms are compared in an afternoon; a client’s view of a firm is formed by how quickly a withdrawal is processed and how promptly a support question is answered. Lund’s brief places those measures at the centre of the firm’s priorities and treats them as standards to be defined, measured and continuously improved.
“A broker earns trust in the moments a client feels, not in the ones it advertises,” Lund said. “The next chapter for Tag Markets is defined less by how fast it grows than by how well it runs. My focus is on the operating discipline, the governance and the client experience that let a firm grow across markets without losing the confidence of the people it serves.”
Three priorities define the agenda. The first is operating discipline: clear operating standards and escalation thresholds across the business, so that decisions are taken at the right level and are visible after the fact. The second is the resilience of execution, from order routing and pricing through to the controls that govern how changes reach live trading environments. The third is client service treated as management information, with feedback recorded, measured and reviewed so that patterns are seen early and acted on.
As Tag Markets grows across markets, the demands on its internal systems, its governance and its regulatory engagement grow with it. Lund’s background at the intersection of regulated finance, operational scale and technology reflects the capabilities that matter most at that stage.
About Tag Markets
Tag Markets is an online trading services provider offering access to foreign exchange, commodities, indices and other markets through leading trading platforms. Tag Markets is the trading name of “T.M. Financials Ltd”, incorporated in Mauritius (Company No. C185265), and regulated by the Financial Services Commission of Mauritius as an Investment Dealer (License No. GB21026474). Further information is available at tagmarkets.com.
Contact
Craig Lund
Tag Markets
Communications@tagmarkets.com
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
AI Risks to Enter 60–80% of Liability and Cyber Insurance Underwriting by 2028, ScienceSoft Predicts
McKinney, USA, September 10th, 2026, FinanceWire
ScienceSoft has released proprietary research on how midsize US insurers will address artificial intelligence (AI) risks in coverage and underwriting through 2028. Drawing on insurance market data, perspectives from industry experts, and ScienceSoft’s experience working with insurance organizations, the research examines whether growing AI-related losses will lead to a new class of AI-specific insurance.
The research forecasts that by 2028, 60–80% of new policies and renewals in errors and omissions (E&O), directors and officers (D&O), employment practices liability (EPL), and cyber insurance will factor AI risks into underwriting. However, ScienceSoft expects most midsize US insurers to continue covering AI risks primarily through existing lines of business rather than standalone AI policies. The research team anticipates AI-specific insurance to grow rapidly but remain a small niche in the commercial insurance market.
ScienceSoft finds that demand for clearer AI coverage is rising alongside AI-related incidents. The research points to a 262% rise in publicly documented AI incidents from 2022 to 2025 and highlights businesses are showing strong interest in protection against emerging liabilities associated with AI. Insurers take several approaches to making AI treatment more explicit, including affirmative policy wording, AI exclusions, specialized endorsements, and dedicated AI insurance products.
At the same time, the research reveals that much of today’s AI exposure remains covered through traditional insurance products. ScienceSoft concludes that AI-specific insurance is unlikely to become mainstream by 2028, despite the projected strong market growth (from $40 million in 2024 to $4.8 billion by 2032, at a roughly 80% CAGR). Yet even at that pace, the segment is projected to account for only around 0.34% of commercial P&C premiums by 2032. The research team expects unclear liability attribution, accumulation risk, limited loss history, and regulatory uncertainty to continue slowing the development of dedicated AI coverage.
The research findings suggest that underwriting will adapt considerably faster than coverage. ScienceSoft finds that insurers are beginning to assess not only whether businesses use AI but also how AI systems are governed, what level of autonomy they have, and what controls organizations have in place. The research team expects these factors to increasingly influence premiums, coverage conditions, and risk control requirements through 2028.
Beyond its market forecast, the research examines what these changes mean for insurers, brokers, commercial insurance customers, AI software providers, regulators, and individuals. In particular, it explores how insurers may need to adapt underwriting and claims processes, why insureds may increasingly require broker services as AI-specific insurance develops, and why AI vendors may become one of the main customer groups for AI liability insurance.
Read the full report for more insights.
About ScienceSoft
ScienceSoft is a Texas-headquartered AI transformation and software engineering company with 37 years of experience in artificial intelligence and 14 years in insurance IT. The company holds the 2025 Global Award for Insurance Digital Transformation Excellence and the 2026 AI Leader Award for Best AI Solution for Insurance. With long-standing experience across AI and insurance technology, ScienceSoft’s experts bring a practical perspective on how emerging AI risks may affect insurers’ operations, technology, and the broader market.
Press Inquiries Welcome
ScienceSoft’s consultants and financial researchers are available to provide expert commentary on AI-related commercial risks and emerging, technology-enabled approaches to AI risk coverage and underwriting. For media inquiries, please follow the link.
Contact
Media and Analyst Relations Specialist
Alexa Tsviatkova
ScienceSoft
adtsviatkova@scnsoft.com
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Chicago’s De’Elegance Private Car Service Celebrates 28 Years in Business by Rebranding as ChauXure
Oldest Black-owned, veteran-owned, woman-owned business of its kind in Chicago builds on its reputation for delivering exceptional experiences
CHICAGO—Sept. 9, 2026—De’Elegance, Chicago’s oldest Black owned, veteran-owned, woman-owned private car service, is celebrating its 28th year in business by rebranding as ChauXure and expanding its fleet of luxury cars. Founded in 1998 by Marie Guyton, an Air Force veteran, ChauXure is renowned for delivering exceptional experiences. By branding itself as ChauXure (Show Sure), the company is emphasizing its reputation for precision, reliability, and consistency.
“After almost 30 years in business, we felt it was time to update our brand to reflect the values that we have long embodied as a business,” explained Guyton, who was honorably discharged from the Air Force in 1990. “We work in high-demand environments where timing and execution cannot vary. Our goal is always to set the standard for service, and ensure that every experience reflects professionalism, punctuality, and attention to detail.”
ChauXure handles executive, airport, and group travel. Clients run the gamut from individuals to corporate clients and large-scale events such as the Indy 500, PGA, and WBNA. While based in Chicago, ChauXure frequently operates on a national basis, such as in the case of the SuperBowl and the NFL Draft.
As part of its rebrand and anniversary observance, ChauXure has invested in expanding its fleet of Lincoln Navigators and Mercedes Sprinter vans. The latter can carry up to 14 passengers in luxury style.
To learn more or reserve travel, visit https://chauxure.com/, email info@chauxure.com, or call (708) 765-6255. Service is available 24 hours a day, 365 days a year.
Media Contact
Organization: ChauXure
Contact Person: T. Guyton
Website: https://chauxure.com/
Email: Send Email
Contact Number: +17087656255
City: Chicago
State: IL
Country: United States
Release id: 48943
The post Chicago’s De’Elegance Private Car Service Celebrates 28 Years in Business by Rebranding as ChauXure appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Tag Markets Names Craig Lund Chief Executive Officer
Chicago’s De’Elegance Private Car Service Celebrates 28 Years in Business by Rebranding as ChauXure
AI Risks to Enter 60–80% of Liability and Cyber Insurance Underwriting by 2028, ScienceSoft Predicts
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