FCA is looking for a specialist in cryptocurrencies

by in Cryptocurrency News

FCA

The British Financial Conduct Authority (FCA) has repeatedly expressed concern about the growth of citizens' investment in digital currencies.

The regulator periodically urges the inhabitants of the kingdom not to invest in bitcoin and other virtual coins.

For example, last summer the head of the FCA, Nikhil Rati, warned the British that by investing in cryptocurrencies, they were taking a big risk. No one can help them if they lose their savings.

However, this week it became known about the plans of the FCA to create a team of specialists in cryptocurrencies and blockchain technologies. The regulator is looking for a person who will lead the digital asset division.

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The vacancy was posted on the popular resource for IT professionals' LinkedIn.

The message notes: "The head of the department should lead the work of the FCA to regulate the activities of crypto companies that may be involved in fraudulent schemes."

The head of the division will have to select his employees, taking into account their knowledge of the blockchain and cryptocurrencies. The FCA is accepting applications until April 3rd.

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The head of the digital assets department will take part in the development of the regulatory framework and the regulator's strategy for the blockchain industry.