London Stock Exchange Group (LSEG) Seeks Director of Digital Assets

  • The London Stock Exchange Group (LSEG) has posted a job opening for a director of digital assets.
  • The ideal candidate for the role should have a passion for digital assets, cryptocurrencies, and distributed ledger technology.
  • The director of digital assets will focus on developing infrastructure solutions and capabilities.

The London Stock Exchange Group (LSEG) recently posted a job opening for a director of digital assets. The parent company of the London Stock Exchange, LSEG, said ideal candidates should have a “passion for and understanding of digital assets, cryptocurrencies, and distributed ledger technology.”

According to the LinkedIn posting, the future digital asset manager will help LSEG outline and execute a strategy focused on “a suite of new infrastructure solutions and capabilities.” Moreover, they will develop LSEG’s brand and ecosystem related to digital private markets.

The posting comes after LSEG announced plans to launch a traditional asset trading platform using blockchain. The legacy institution claimed that they saw potential in blockchain to improve the efficiency of buying, selling, and holding traditional assets. However, LSEG’s head of capital markets, Murray Roos, said the exchange currently has no plans for cryptocurrencies themselves.

The news emerges amid a period of tightening crypto oversight in the United Kingdom, as the Bank of England (BOE) and Financial Conduct Authority (FCA) aim to regulate systemic stablecoins and oversee the broader crypto sector, respectively.

Additionally, the BOE will monitor stablecoins deemed systemically important to avoid broad financial instability. At the same time, the FCA will regulate the wider crypto industry. The FCA has also announced that issuers of fiat-backed stablecoins intending to operate within or from the UK will be required to obtain authorization.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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