The UK’s Financial Conduct Authority (FCA) published a job posting for the head of a newly created Digital Assets department.
The role involves supporting “innovation in the crypto sector” while at the same time maintaining market integrity and protecting consumers. The job ad outlines the requirements as “supervising innovative and complex business models of registered firms and dealing with unregistered cryptoasset businesses that may be involved in scams and frauds.”
A couple of weeks ago, the regulator revealed that it had opened 300 cases related to unregistered crypto-asset business during the previous six months.
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