PANews
PANews|May 28, 2025 14:40
UK FCA seeks opinions on new regulations on stablecoin issuance and cryptocurrency custody The Financial Conduct Authority (FCA) in the UK has released regulatory recommendations on stablecoin issuance, cryptocurrency asset custody, and corporate financial stability, aiming to build a secure and competitive cryptocurrency market. Suggest requiring stablecoins to maintain a stable value and disclose asset support information to users; The custodian shall ensure the security and accessibility of user assets at any time. The proposal was formulated after multiple rounds of communication between FCA and the market. The deadline for soliciting opinions is July 31st, and the final rules will be released in 2026.
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