UK finalizes stablecoin and crypto framework with no explicit systemic threshold
The UK’s Financial Conduct Authority (FCA) today published final rules for the regulation of cryptoassets and stablecoins, covering trading platforms, custody, disclosure and issuance.
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Unlike the GENIUS Act's $10 billion trigger or the EU's €5 billion threshold, the FCA regime effective October 2027 lets HM Treasury decide case-by-case which stablecoins get Bank of England systemic oversight.
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