UK regulator appoints new digital assets director to oversee crypto

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UK regulator appoints new digital assets director to oversee crypto
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Matthew Long has held a raft of positions tackling economic crime and illicit finance.

The UK’s Financial Conduct Authority has appointed the director of the multi-agency National Economic Crime Command , Matthew Long, as its new director of payments and digital assets.The UK's Financial Conduct Authority has appointed the director of the multi-agency National Economic Crime Command as its new director of payments and digital assets.

The regulator announced the appointment of Matthew Long in a release on Tuesday, amid a raft of other senior moves. The role is newly-created and will oversee e-money, payment and crypto-asset markets and lead related policy development. The regulator put out a search for a crypto head in mid-March as pressure mounted ahead of its deadline for granting firms anti-money laundering licenses, which would allow them to continue operating in the UK. In April, it appointedThe complicated and protracted process for granting licenses has meant that some firms, including marketmaker

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