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Head of Digital Assets at UK Financial Regulator FCA Leaves After Less Than a Year

June 26 (Cointime) - Binu Paul, the head of digital assets at the Financial Conduct Authority (FCA), has left the organization less than a year after joining. The FCA confirmed his departure but did not comment on who would replace him.

The UK government aims to become the world's Web3 center and has made headway with the regulation of digital assets, including passing the Financial Services and Markets bill. The FCA maintains a register of cryptoasset firms and runs programs to encourage innovation within its regulatory framework.

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