UK Progresses with Stablecoin Regulation Targeting 2026 Implementation
UK Progresses with Stablecoin Regulation Targeting 2026 Implementation
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The UK has announced a consultation for stablecoin regulation, scheduled for November 10, with an aim for full implementation by 2026. This move reflects the significant growth in the UK's crypto user base, which now stands at 7 million, and a 40% year-over-year increase in stablecoin adoption, prompting major issuers to prepare for a new regulated market.
The UK announces stablecoin regulation consultation for November 10, targeting 2026 implementation. With 7 million crypto users and 40% year-over-year stablecoin growth, major issuers prepare for regulated market entry.