The Financial Conduct Authority (FCA) has shown a very serious attitude towards cryptocurrency regulation. FCA posted a job search recruiting for Crypto Intelligence Associate.
A crypto specialist vacancy for FCA
FCA has posted a new vacancy for "Crypto Intelligence Associate" as part of its plan to create a new intelligence team, with a focus on digital assets in the financial crimes department.
Interesting in the section: Financial geography: countries where cryptocurrency is banned
FCA is developing a comprehensive set of cryptocurrency specialists to ensure "regulatory clarity for market participants" and determine "whether the crypto-assets they use are within the regulatory perimeter".
It is expected that a statement on the new rules and the creation of the "Crypto Intelligence Associate" will be published at the end of the summer, which will help companies understand which regulations apply to their business and whether they need any regulatory approvals.
Given that FCA applies its hiring efforts in intelligence and criminal units, it can be said with confidence that the regulator forces users to seek a more practical approach to cryptocurrencies and their use in the country.
FCA UK has posted on its website a new job crypto-specialist. Recall, on April 19th, new rules and regulations of the Japan Financial Services Agency (FSA) were issued for cold wallets and crypto storage through exchanges.
Editor: Yulia Krasnaya