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The post UK Stablecoin Rules Coming by 2026 as BOE Prepares Public Consultation appeared first on Coinpedia Fintech News The United Kingdom plans to complete its stablecoin regulations by 2026. Stablecoins are cryptocurrencies linked to real-world assets like the US dollar or British pound. The BOE will launch a public consultation on November 10 to discuss the new stablecoin framework.  Sources say the UK plans to align its rules closely with US regulations, particularly those specifying what assets can back stablecoins. Current Crypto Scenario in the UK Around seven million UK adults now own crypto, showing growing interest. Adoption has increased from just 2.2 million in 2021. However, the market is still cautious. Many investors worry about unclear rules, tax obligations, and safety.  The HM Revenue & Customs (HMRC) has been sending warning letters to investors who might be underreporting crypto gains, showing that authorities are watching closely. Despite this, crypto companies continue to expand, hoping that clear regulations will encourage more growth. Clear Rules for Innovation and Safety With growing crypto interest, the UK government has aimed to make the country a global hub for digital assets since 2022. So far, progress has been slow, and crypto companies have been asking for clear and fair rules. The UK Treasury and Financial Conduct Authority (FCA) are working to create laws that support innovation while protecting consumers. The rules will be flexible to adapt as the crypto market evolves. Clear guidelines are expected to make the UK’s financial system safe and trustworthy while encouraging new crypto businesses to grow. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none;…

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Filed under: News - @ October 18, 2025 1:21 pm