PANews
PANews|Dec 11, 2025 05:44
[The UK FCA States Stablecoins Will Be One of Its Future Regulatory Priorities] According to DL News, the UK Financial Conduct Authority (FCA) has announced that stablecoins pegged to fiat currencies (such as the US dollar or British pound) will become a major focus of future regulation. This initiative is part of broader measures taken by the UK to promote economic growth, which also include the digitization of financial services, enhancing international trade competitiveness, and expanding loan services for small businesses. FCA Chief Executive Nikhil Rathi wrote in a statement to UK Prime Minister Keir Starmer that the FCA plans to 'finalize digital asset regulations by 2026 and advance the development of pound-denominated stablecoins issued in the UK.' Rathi stated: 'We will continue to take on greater risks to support economic growth while remaining committed to protecting consumers and ensuring market integrity.' Rathi also mentioned that, in addition to advancing artificial intelligence use cases, the agency is prioritizing the migration of traditional assets to blockchain. He said: 'We will also enable our world-leading asset management industry to tokenize their funds, thereby improving efficiency and enhancing competitiveness.'
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