UK FCA Establishes Deputy Chief Executive Position to Regulate Stablecoins and Cryptocurrency Companies

UK FCA Establishes Deputy Chief Executive Position to Regulate Stablecoins and Cryptocurrency Companies

The UK's Financial Conduct Authority (FCA) has announced the appointment of Sarah Pritchard as its new Deputy Chief Executive. This position has been established to address the organization's growing responsibilities, particularly in relation to the incorporation of the Payment Systems Regulator and the oversight of stablecoin and cryptocurrency companies.

Since her arrival at the FCA in June 2021, Pritchard has been at the forefront of supervising policy and regulatory matters, demonstrating her commitment to enhancing the regulatory framework in the evolving financial landscape.

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