According to @rovercrc, the UK aims to finish its stablecoin rules by 2026 to keep pace with US crypto policy, source: @rovercrc (X, Oct 18, 2025). The UK’s legal basis to regulate fiat-backed stablecoins used in payments was established under the Financial Services and Markets Act 2023 and subsequent HM Treasury policy updates, source: HM Treasury, Financial Services and Markets Act 2023 and 2023 cryptoasset policy publications. The Bank of England outlined a regime for systemic stablecoin payment systems and issuers in a November 2023 discussion paper, including prudential, backing-asset and redemption requirements, source: Bank of England, November 2023 Discussion Paper on stablecoin regulation. For traders, key milestones to monitor are HM Treasury rulemaking updates and final rules from the Bank of England and the Financial Conduct Authority, which will shape the timeline for GBP stablecoin issuance, custody permissions and payments use in the UK, source: HM Treasury 2023; Bank of England 2023.

According to @business, Bank of England Governor Andrew Bailey vowed to intensify the global policy response to emerging threats from private finance and the growing use of stablecoins, source: Bloomberg @business. This indicates tighter oversight for stablecoins and related payment activity, introducing near term regulatory headline risk for stablecoin trading pairs and crypto market liquidity, source: Bloomberg @business. Traders with exposure to stablecoin quote markets should monitor forthcoming policy communications and timelines tied to this global policy response to adjust liquidity and spread risk management, source: Bloomberg @business.

According to @iampaulgrewal, the UK's latest crypto policy initiative, highlighted by the Financial Conduct Authority (FCA), marks a significant turning point for digital asset regulation. The FCA's robust regulatory framework is expected to enhance market transparency, attract institutional investors, and drive crypto adoption in the UK (Source: @iampaulgrewal, June 6, 2025). Traders should monitor GBP-based crypto pairs and leading UK exchanges for increased liquidity and potential regulatory-driven price movements.