đ„Former FCA head of digital assets joins đCrypto UKđ $BTC halving all preparing.....
CryptoUK, the British trade association for the blockchain industry, has brought on the UKâs former crypto regulatory boss as an independent consultant.
Binu Paul will join CryptoUK having previously held the role of head of digital assets at the Financial Conduct Authority (FCA).
At the FCA, Paul oversaw the establishment of the financial watchdogâs digital assets regulatory capability and framework.
Paul ran the digital assets department of the FCA from October 2022 to June 2023, a period that saw a crypto winter, the conceptual emergence of a British stable coin and repeated consultations on an as-of-yet undecided crypto regulatory regime.
Prior to his work at the FCA, Paul spent more than six years at the Financial Markets Authority in New Zealand, where he specialised in fintech and regulatory affairs.
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â[Paul] has a wealth of experience in our sector, both here in the UK and overseas, and brings a fresh perspective to be a driving force for positive enhancements for our members and help to push forward our mission to make the UK the âgo toâ jurisdiction for crypto and digital asset businesses,â said CryptoUK director of operations Su Carpenter.
â2024 will be a crucial year for our industry and we want to make sure we hit the ground running heading into the rest of 2024.â
Paul will work with CryptoUK to advance the industryâs goals, backed by years of experience in regulation in the FCA and beyond.
âAs part of my initial review, I found the CryptoUK team fantastic to work with and the prospect of continuing to help support the digital asset
in the UK was very appealing,â said Paul.
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