Nikhil Rathi Reappointed as CEO of UK's Financial Conduct Authority
Nikhil Rathi has officially been reappointed as the Chief Executive Officer of the Financial Conduct Authority (FCA), the United Kingdom's primary financial regulatory body. This decision was announced by the Treasury, which has granted Rathi an additional five-year term, making him the first person in this role to receive an extension since the FCA's inception. This move highlights the government's confidence in Rathi's leadership as he continues to navigate the complexities of the financial landscape, particularly as it pertains to the burgeoning sector of cryptocurrency.
Under Rathi's stewardship, the FCA has made significant strides in regulating the cryptocurrency market. The agency has implemented a registration process for crypto firms, successfully registering
Mei-Ling Chen
