The UK's FCA and Bank of England are pushing forward with crypto regulations, removing restrictions on holding fiat-pegged stablecoins.

Odaily Planet Daily reports that the UK Financial Conduct Authority finalized crypto rules last month, providing guidance on capital requirements, access and disclosure, and a broader framework for conduct for crypto companies. The Bank of England removed previously proposed restrictions on holding fiat-pegged stablecoins and lowered the required reserve ratio for issuers from 40% to 30%. A stablecoin proposal put forward in November 2025 previously limited individuals to holding no more than £20,000 of systemic sterling stablecoins and businesses to no more than £10 million. (CoinDesk)