U.K.’s FCA Names Sarah Pritchard as Deputy CEO to Help Oversee Crypto, Stablecoins
The U.K.’s financial services regulator, the Financial Conduct Authority (FCA), appointed a deputy chief executive for the first time, naming Sarah Pritchard to the role as it looks to bolster its oversight of the crypto and digital assets industry.
“The new role has been created to reflect the FCA’s expanding remit, with … regulation of stablecoin and crypto firms as well as buy now pay later activities,” the FCA said on Tuesday.
The country’s regulatory regime trails that of the nearby European Union, which already has a transnational licensing framework in place with its Markets in Crypto Assets (MiCA) regulations. The FCA, which currently certifies that companies on its crypto register comply with anti-money laundering rules, is…
