UK FCA Appoints Sarah Pritchard as Deputy Chief Executive to Oversee Crypto Regulation
The UK Financial Conduct Authority has elevated Sarah Pritchard to a newly created Deputy Chief Executive role, signaling heightened regulatory focus on digital assets. The position consolidates oversight of payment systems and cryptocurrency firms under a single executive.
Pritchard''s expanded mandate includes direct supervision of stablecoin issuers and crypto service providers. Since joining the FCA in 2021, she has shaped policy frameworks for emerging financial technologies while balancing innovation with consumer protection.
The structural change reflects London''s ambition to become a global crypto hub. Regulatory clarity from the FCA could accelerate institutional adoption of Bitcoin and Ethereum-based financial products across UK markets.
