Regulators work to remove ‘cliff edge’ from UK stablecoin regime
By Phoebe Seers ( May 12, 2025, 13:26 GMT | Insight) -- Officials at the UK financial services watchdogs are working at pace to remove the regulatory “cliff edge” for stablecoins that are likely to become systemic, or widely used for payments. Matthew Long, a director at the Financial Conduct Authority, said his main focus is on stablecoin backing assets and ensuring that businesses won't need to restructure if they transition from a non-systemic to a systemic regime.Officials at the UK's Financial Conduct Authority are working to remove the regulatory “cliff edge” for stablecoins that are likely to become systemic, or widely used for payments....
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