London Stock Exchange Group (LSEG) is the parent company of the London Stock Exchange and other financial technology companies, release Posted on LinkedIn that it is looking for a Director of Digital Assets.
The London Stock Exchange said it is looking for candidates with “a passion for and understanding of digital assets, cryptocurrencies and decentralized ledger technology” among other skills and requirements.
According to the post, LSEG’s future digital asset managers will help the firm develop and deploy “a new set of infrastructure solutions and capabilities, as well as develop LSEG’s brand and ecosystem in digital private markets.” ” business strategy.
An LSEG representative told Cointelegraph that no further details on the development could be provided at this time.
related: London Stock Exchange Group may offer Bitcoin derivatives clearing services in Q4
This is the latest development after the London Stock Exchange announced that it will use blockchain technology to create a traditional asset trading platform. On September 4, the traditional financial institution said it planned to use the technology to improve the efficiency of holding, buying and selling traditional assets.
However, Murray Roos, head of capital markets at London Stock Exchange Group, said at the time that the company would not be building anything around cryptocurrencies.
The UK has been cracking down on the local cryptocurrency scene after passing a bill allowing authorities to seize Bitcoin (BTC) used in crime and announcing plans for upcoming stablecoin regulation in October.
In September, the UK financial regulator issued a marketing compliance warning to cryptocurrency companies and set a deadline of January 2024 to comply with its standards.
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