A trade body set up to promote self-regulatory standards for the UK’s growing crypto-asset industry has appointed an adviser to Barclays’ investment bank as its next chair.

Ian Taylor, who works as a contractor in interest rate modelling at Barclays’ investment bank, took over the role on a part-time basis at the start of January. He replaces Iqbal Gandham, a managing director at the share-trading platform eToro who had led CryptoUK since its launch in February 2018.