Market News
- The United Kingdom’s Financial Conduct Authority is looking for senior executives to help lead their new crypto regulation division.
- The FCA published two job postings on LinkedIn over the last week. Applications will be accepted until the beginning of April.
- The FCA’s efforts to set up a new division focused on cryptocurrency regulation follows its growing concern around the supervision of the cryptocurrency industry in the region.
The United Kingdom’s Financial Conduct Authority (FCA) is searching for senior executives to launch a new department focused on regulating the industry. These efforts follow the regulator’s recent growing concern around the cryptocurrency industry in the region.
The U.K. regulator posted job listings over the last week on LinkedIn. The positions include a Head of Digital Assets Department and Director of the Payments and Digital Assets Department.
The Head of Digital Assets job posting targets candidates who will be accountable and help spearhead the authority’s approach to regulatory operations within the U.K.’s crypto industry. It is expected that the new position will also help create a “single narrative on crypto” for the FCA, according to the posting.
The FCA will be accepting applications for this posting until the 3rd of April, 2022.
Meanwhile, the Director of the Payments and Digital Assets Department posting includes payments-related responsibilities. These include responsibilities related to electronic money, cryptocurrency assets, as well as other emerging business models across the financial services industry.
Individuals with the necessary experience and knowledge of the relevant regulatory environment, including issues relating to cryptocurrencies and payment firms, can apply for this posting.
