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 <p class="is-style-lead">The London Stock Exchange Group is expanding its fintech horizons by recruiting a <a rel="noopener noreferrer nofollow" title="director" href="https://thebittimes.com/tag/director.html">director</a> for <a rel="noopener noreferrer nofollow" title="digital" href="https://thebittimes.com/tag/digital.html">digital</a> <a rel="noopener noreferrer nofollow" title="assets" href="https://thebittimes.com/tag/assets.html">assets</a>, navigating the complex interplay between innovation in blockchain technology and the UK’s tightening financial regulations.</p>
 <p>The London Stock Exchange Group (LSEG) has sparked interest in the financial technology sector with its latest job listing for a director of digital assets.</p>
 <p>The position indicates LSEG’s commitment to integrating digital assets, cryptocurrencies, and distributed ledger technology into its operational fabric.</p>
 <p>The role, as advertised, entails developing and executing a commercial strategy for new infrastructure solutions, enhancing LSEG’s <a rel="noopener noreferrer nofollow" title="digital" href="https://thebittimes.com/tag/digital.html">digital</a> private markets’ presence.</p>
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 <p>This pivot is concurrent with the group’s announcement of creating a blockchain-based platform for trading traditional <a rel="noopener noreferrer nofollow" title="assets" href="https://thebittimes.com/tag/assets.html">assets</a>, underscoring a tech-forward <a rel="noopener noreferrer nofollow" title="shift" href="https://thebittimes.com/tag/shift.html">shift</a> aimed at streamlining the buying, selling, and holding of traditional securities.</p>
 <p>Despite the progressive steps towards blockchain, Murray Roos, LSEG’s head of capital markets, has clarified that the focus will not extend to building crypto-centric solutions. This position aligns with the broader U.K. context, where a stringent stance on the local cryptocurrency landscape is becoming evident.</p>
 <p>Regulatory moves, including legislation permitting the seizure of cryptocurrencies involved in crime and forthcoming stablecoin regulations, showcase a tightening grip on the crypto sphere.</p>
 <p>Moreover, with the Financial Conduct Authority issuing a compliance ultimatum for crypto companies, the message is clear: the U.K.’s embrace of blockchain technology is cautious and calculated, aiming for innovation within the boundaries of stringent oversight.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/london-stock-exchange-group-seeks-digital-assets-director-amid-regulatory-shifts-tbt69243.html">https://thebittimes.com/london-stock-exchange-group-seeks-digital-assets-director-amid-regulatory-shifts-tbt69243.html</a></p>

London Stock Exchange Group seeks digital assets director amid regulatory shifts

TheBitTimes

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