UK’s Financial Conduct Authority (FCA) Seeks to Fill Multiple Crypto Positions

UK’s financial regulatory body, Financial Conduct Authority (FCA), conduct regulator of over 58,000 financial services firms, has recently listed a crypto-related position. In particular, they are looking to hire a crypto intelligence associate for the intelligence services team reports The Block.

Upon visiting the job description listed on the official FCA website, the crypto intelligence associate will be involved in a number of,

“liaison and stakeholder management with internal and external patterns on topics of crypto assets, financial and economic crime-linked themes.”

Some of the tasks involved with said position include the delivery of intelligence support to,

“Authorisations, Supervision and Enforcement for processing of applications,”

as well as doing the necessary research, preparation and breakdown of intelligence material. Others include taking part in the decision-making processes, building relationships within the FCA and external stakeholders, training staff and attending events that share knowledge and opportunities.

When it comes to cryptocurrencies, this respective position will focus on providing a “guidance on crypto assets,” while ensuring that the average investor/trader/consumer is aware of the regulatory framework and what it implies.

As for a goal set in place by FCA, The Block reported that it includes increased emphasis on anti-money laundering regimes, with a law that could potentially come into effect on January 2020.

When it comes to investing, the FCA has advised that crypto derivatives and exchange-traded notes are “ill-suited” for consumers lacking knowledge on said matters. This is a fair statement given the nature of the assets (i.e. possibly a risk).

For more on the skills and experience required of the crypto intelligence associate, click here.

Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

Nirmala Velupillai
Nirmala Velupillai
Nirmala is a blogger who has been fascinated by the world of technology and its contributions to societal development. While a novice, her eager to learn about the crypto world has led her to write a number of pieces on its positive and negative aspects. On her spare time, she indulges in understanding and building statistical models and enhancing her painting skills.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


Please enter your comment!
Please enter your name here


Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

VeChain Joins China Animal Health and Food Safety Alliance (CAFA)

VeChain has joined the China Animal Health and Food Safety Alliance (CAFA) as one of its council members and will be providing them technical...

Coinbase Pro to Pass the Rising Network Fees Onto The Customer During Withdrawals

The launch of UNI, the governance token of Uniswap DEX, is having a big impact on the Ethereum network. The good thing is the price...

Homeland Security Calls On Freelancers to Design A Digital Wallet Interface; $25k to Finalists

The Science and Technology Directorate (S&T) division of the US Department of Homeland Security has allocated up to $25,000 in prizes as an...

BoE Explores Negative Rates; Bitcoin Is A ‘Must' Because Fiat is a ‘Giant Ponzi Scheme'

The Bank of England (BoE) is exploring negative interest rates now and in response Sterling weakened sharply. The pound dropped 0.7% against the dollar after...

Nexus Mutual Sees Active Cover Growing 10x, Now Token Price ‘Directly Linked to Adoption'

“DeFi is developing faster than you can say ‘protect me from the risks in DeFi’,” said Kayleigh Petrie, Director of Engagement at Nexus Mutual,...

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today