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The UK stablecoin regime: Inside the final FCA rules

Close-up of a stack of British 2017 pound coins on a mirrored surface showing a reflection of the British or Union Jack flag.
Photo: Getty Images

This article explains the UK’s policy statement PS26/10 for qualifying stablecoins and compares its requirements to the EU’s.

The FCA has published a package that is set to shape the final details of the UK regulatory framework on crypto assets. The package comprises five policy statements that set the final rules in several key areas (from the regulation of crypto-asset activities to stablecoin issuance) and represents an

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