The British FCA stated that stablecoins will be one of its key regulatory targets in the future.

PANews reported on December 11 that according to DL News, the British Financial Conduct Authority (FCA) announced that stablecoins linked to legal currencies (such as the U.S. dollar or British pound) will become a major focus of supervision in the future. The move is part of wider initiatives by the UK to boost economic growth, which also include digitizing financial services, improving international trade competitiveness and expanding lending services to small businesses. FCA CEO Nikhil Rathi wrote in a note to British Prime Minister Keir Starmer that the FCA plans to "finalize digital asset rules and promote progress on the UK-issued pound stablecoin" in 2026. Rathi said: "We will continue to take greater risks to support economic growth, while adhering to our commitment to protecting consumers and ensuring market integrity." Rathi also said that in addition to advancing artificial intelligence application cases, the agency also prioritizes migrating traditional assets to the blockchain. "We will also enable our world-leading asset management industry to tokenize its funds, thereby increasing efficiency and increasing competitiveness," he said.
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