FCA’s New Deputy Chief Executive Focuses on Crypto, Stablecoins, and BNPL

The Financial Conduct Authority (FCA) has appointed Sarah Pritchard as its new deputy chief executive. This move signals a significant shift in the UK regulatory landscape, placing increased emphasis on emerging financial technologies like cryptocurrencies and digital assets. The FCA’s expanded focus reflects growing concerns about stability, consumer protection, and potential risks associated with these rapidly evolving markets.