Stablecoin infrastructure provider Wirex has appointed Kulveer Ranger, Lord Ranger of Northwood, as a Board Adviser to Wirex Labs, its UK digital asset arm.

This comes as the company prepares for the country’s upcoming cryptoasset regulatory framework.

Kulveer Ranger’s appointment brings more than 25 years of experience in technology, public policy and digital infrastructure to Wirex Labs. As per the official announcement, Ranger is expected to advise the company on its UK digital asset strategy as the Financial Conduct Authority (FCA) prepares to bring cryptoasset businesses under a comprehensive regulatory framework in October 2027.

Who is the New Board Member of Wirex

Wirex helps connect traditional financial systems with blockchain-based payments. It provides infrastructure that allows fintech companies, banks, crypto platforms and other businesses to integrate stablecoin payments into their products.

The appointment is part of Wirex’s broader efforts to strengthen its leadership as it expands its UK digital asset business. The company indicated that further senior appointments could follow as it prepares for the next phase of its growth.

And the company’s new board member Ranger has been a member of the UK House of Lords since July 2023. He currently sits on its Science and Technology Select Committee. He also co-chairs the All-Party Parliamentary Group on Digital Money and Digital Markets (DMDM APPG) and serves as Vice Chair of the APPG on Artificial Intelligence.

His professional experience spans public administration, technology and corporate leadership. Ranger established London’s first Digital Office while working at City Hall under former London Mayor Boris Johnson. He also served on the board of Transport for London and held senior leadership positions at technology company Atos.

Additionally, Ranger spent six years on the board of techUK, the UK’s technology industry association and currently chairs the Digital Policy Alliance and sits on the advisory board of Digital Leaders.

Wirex Prepares for UK Crypto Regulatory Changes

The appointment comes as the UK moves closer to implementing its new regulatory framework for digital assets. The FCA’s cryptoasset regime is expected to come into force on October 25, 2027, bringing activities such as qualifying stablecoin issuance, cryptoasset trading platforms and safeguarding within its regulatory perimeter.

The regulator opened its application gateway for cryptoasset firms on September 30, 2026. Companies seeking authorisation under the new framework can submit applications until February 28, 2027, as FCA Head Matthew explained in an op-ed for Block of Fame.

Under the new rules, businesses conducting regulated cryptoasset activities will need FCA authorisation to continue operating in the UK. The framework is intended to establish standards covering consumer protection, safeguarding, market integrity and financial resilience.

Wirex Labs is preparing its UK digital asset operations ahead of the regulatory transition. The company said Ranger’s experience would help connect developments in public policy and regulation with the practical decisions involved in building and operating digital asset services.

The appointment also comes amid growing visibility of established political figures in the digital asset industry. Recently, Former UK Prime Minister Boris Johnson participated as a speaker at Solana Breakpoint 2026 in London. He participate in a debate titled “Crypto Is Key to the UK’s Economic Future.” His participation, alongside Ranger’s appointment at Wirex Labs, highlights the increasing intersection between political leadership, public policy and the digital asset sector.