UK Financial Watchdog Seeks Cryptocurrency Expert to Address EU Regulations

The United Kingdom’s major financial regulator, the Financial Conduct Authority (FCA), is looking to hire a specialist with a cryptocurrency background.

Specifically, the FCA is seeking an intelligence associate with crypto expertise to address digital assets under the European Union’s 5th Anti-Money Laundering Directive, the regulator said in a LinkedIn job posting on Feb. 6.

Also known as 5AMLD, the new law came into effect on Jan. 10 and represents a major effort to tackle money laundering and terrorism financing across Europe, as previously reported.

Expert will join the FCA’s core function team

While the United Kingdom finally exited the EU on Jan. 31, its government must still pay particular attention to the EU’s recently enforced cryptocurrency law. As such, the FCA is seeking to hire a cryptocurrency expert for its core function team — the intelligence team, which has become responsible for 5AMLD regulation of the crypto asset sector since January 2020.

According to the…