Cryptocurrency and blockchain related jobs are on the rise with regulatory heavyweights looking to hire experts in the field. The United States’ Securities and Exchange Commission [SEC] is also looking to further its understanding of the field after it released a job posting, signaling their intention to hire a cryptocurrency analyst.
Although the position itself has the designation of “Financial Analyst Cryptocurrencies – SEC,” the industry specified in the job listing stated “Securities Regulation.”
According to the job posting, the crypto-specialist will provide “expertise and coordinate TM activities regarding crypto and digital asset securities.” The candidate will have to work with several stakeholders in the regulatory realm including, domestic and international regulators, market participants and the public. The posting outlined the duties of the analyst,
“Duties include coordination with Division staff to establish a comprehensive plan to address crypto and digital asset securities; engage with other Divisions and Offices on such matters.”
The candidate will also have to be well versed in legal and policy-related developments in the cryptocurrency realm, across all stages of trade. The candidate will serve as the division’s lead representative in the SEC’s FinTech Working Group and as liaison with the FSOC’s Digital Assets Working Group.
However, the SEC made it crystal clear that no payment of salaries will be disseminated in cryptocurrencies.
If the candidate is confirmed, they will have a major role in the Bitcoin [BTC] ETF decision to be tabled before the higher-ups of the SEC on May 16, 2019. Presently, two applications have a strong chance of rolling out a publicly traded BTC product, VanECK/CBOE, and Bitwise and NYSE Arca.
Several other financial and technology companies are also veering towards hiring a cryptocurrency expert, given the evolution of the decentralized currency industry. Recently, Visa, the payments giant, posted a job for a “Technical Product Manager,” in its FinTech wing, with a member of the company’s partnerships team suggesting that the candidate should be interested in “the intersection of crypto and retail payments.”
Jack Dorsey, CEO of Square, was also looking to hire ‘crypto engineers and designers,’ for Square Crypto, the company’s crypto-project. He added that they will be paid in Bitcoin [BTC], which Dorsey had previously called the native currency of the internet.
Facebook has also been bullish towards cryptocurrencies and its underlying blockchain technology. As their LinkedIn job postings revealed, the social media giant was in search of 22 blockchain experts. With the Facebook Coin project in gear, the Menlo Park company is also covertly approaching cryptocurrency exchanges for eventual listing support.
The post SEC on the hunt for ‘Cryptocurrency Analyst’ as demand for decentralised currency experts grows appeared first on AMBCrypto.