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UK Regulators Circle Crypto: FCA Demands Stablecoin & Custody Rules to Avert Meltdowns

UK Regulators Circle Crypto: FCA Demands Stablecoin & Custody Rules to Avert Meltdowns

Author:
Coindesk
Published:
2025-05-28 20:14:17
5
2

UK’s FCA Seeks Views on Stablecoins, Crypto Custody to Prevent Firm Failures

Britain’s financial watchdog sharpens its claws—stablecoins and crypto custody are in the crosshairs. The FCA wants industry feedback before the next crypto domino falls.

No more ’move fast and break things’—regulators aim to prevent another Celsius-style collapse. Because nothing says ’financial innovation’ like scrambling to bolt the stable door after the horse has fled to DeFi.

|Square

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