.TheFCA has started looking for a department head to lead the crypto division and build the team, according to a job post. By camomileshumba
The Financial Conduct Authority , the U.K.’s financial watchdog, is on the lookout for someone to head the digital assets department and build a new team, according to aThe department head will need to lead the FCA’s regulatory activities into crypto firms that may be involved in “scams and frauds."
The department head would also need to build the team, build the regulator's crypto policy, support innovation in the crypto sector, and align the FCA with the government policies and directions. The LinkedIn job post details that the person will “lead a cross-sector crypto strategy to have a single FCA narrative on crypto" and will also collaborate with international regulators. The deadline for the role is April 3.
Last week the regulator also announced that they were looking for a Director of Payments and Digital Assets who will also supervise policy and thedown hard on any illegal crypto behaviour in the country. Last week, the regulator shut down all crypto ATMs in the U.K. deeming them illegal. This was due to the fact that none of the operators were approved to offer ATM services by the regulator.