CoinVoice recently learned that, according to an official announcement, the UK's Financial Conduct Authority (FCA) issued regulatory proposals on May 28, 2025, regarding the issuance of stablecoins, the custody of crypto assets, and the financial resilience of crypto asset companies. The proposal aims to support the development of a safe and competitive cryptocurrency industry, requiring regulated stablecoins to maintain value stability and provide customers with clear asset management information.

FCA Executive Director David Geale stated that the regulator will ensure market integrity and trust while supporting innovation. The FCA will work closely with the Bank of England to develop a regulatory pathway, and the Bank of England will release a supplementary consultation document later this year. [Original link]