UK FCA: Stablecoins pegged to fiat currencies like GBP will become one of the key regulatory focuses in 2026

Techub News reports that, according to DL News, the UK Financial Conduct Authority (FCA) stated in a briefing to Prime Minister Keir Starmer that stablecoins pegged to fiat currencies such as the US dollar and the British pound will become one of the key regulatory focuses in the future. This move is part of the UK’s broader agenda to promote economic growth, including digitalization of financial services, enhancing international trade competitiveness, and expanding lending services to small and micro enterprises. FCA CEO Nikhil Rathi wrote that the FCA plans to “finalize digital asset regulations by 2026 and advance the issuance of GBP stablecoins in the UK,” and will support related innovation through tools such as regulatory sandboxes.

Rathi stated that the FCA will “continue to take greater risks to support economic growth,” while maintaining a commitment to protecting consumers and maintaining market integrity. In addition to promoting more AI application scenarios, the FCA will also prioritize on-chain asset tokenization and fund tokenization to improve the efficiency and international competitiveness of the UK asset management industry.