FCA names in the United Kingdom, Sarah Bretshard, as Vice President of the CEO to assist in the supervision of Crypto, Stablecoins

The financial services organizer in the United Kingdom has appointed the Financial Conduct Authority (FCA) and the CEO for the first time, Naming Sarah Bretshard To the role as well as to enhance its supervision of the encryption industry and digital assets.

“The new role has been created to reflect the extensive FCA shortcut, with … the organization of Stablecoin and Crypto companies in addition to buying activities later now,” FCA said on Tuesday.

The country’s regulatory system follows that the near European Union, which already has a national license framework with its markets of encryption assets (MICA). FCA, which is currently witnessing that companies in their encryption record are compatible with the anti -money laundering rules, and are in the process of creating a more comprehensive system for the sector. She said she is planning to start authorizing encryption companies similar to her approach to traditional financing Companies by 2026.

FCA said that the role of Britthard will include an international component. “The international environment is complicated, our abbreviation is affected and our expectations continue to develop,” said Ashley Alder, head of the FCA team.

Bretshard was formerly an executive director of the agency, as he helped oversee and oversee politics. FCA wants to work with the encryption industry Developing the organization of the sectorShe said last year. Since then, he distributed a number of discussion papers Digital assets and Stablecoins For its organizational program.

You will work alongside CEO Najil Rati, who was It was renovated in April five yearsAnd David Jill, permanent executive director For digital payments and financing.