The FCA is expanding its focus on stablecoins, aiming to enhance market integrity and consumer protection through new regulations, with public feedback due by July 31, 2025.
The UK Financial Conduct Authority (FCA) is seeking public input on its proposed regulations for stablecoins and cryptocurrency custody, with feedback due by July 31, 2025. The initiative aims to ensure stablecoins maintain their value and disclose asset backing, with final rules expected in 2026. The FCA is working with the Bank of England to strengthen the regulatory framework, emphasizing consumer protection and innovation in the crypto sector.