The Bank of England has announced plans to fully regulate stablecoins by 2026, teaming up with the Financial Conduct Authority and HM Treasury to build a robust framework that balances innovation with financial stability.

๐Ÿ‘ค Governor Andrew Bailey:

> โ€œWe are building a regulatory framework for stablecoins that will support innovation while protecting UK consumers and financial stability.โ€

๐Ÿฆ Whatโ€™s Coming:

Systemic stablecoin standards ๐Ÿ“Š

Enhanced consumer protection ๐Ÿ›ก๏ธ

Clear compliance requirements for issuers ๐Ÿ’ผ

๐Ÿ’ธ Market Impact:

Big players like JPMorgan Chase & Co. expect higher compliance costs

Circle welcomes the move as a boost to mainstream adoption

GBP stablecoins show moderate growth ๐Ÿ“ˆ

๐ŸŒ Global Context:

UKโ€™s plan mirrors the MiCA framework in the EU ๐Ÿ‡ช๐Ÿ‡บ

Earlier U.S. regulatory efforts caused short-term liquidity shifts but boosted long-term clarity ๐Ÿ‡บ๐Ÿ‡ธ

Experts like Vitalik Buterin and Jeremy Allaire say clear rules = stable growth.

โš ๏ธ Disclaimer: Not financial advice. Crypto investments are risky. DYOR before investing.

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