The United Kingdom’s Financial Conduct Authority (FCA) has finalized its digital asset regulatory framework, aimed at making the country a global hub for digital asset technology, including a licensing regime due to come into force in 2027 and specific rules for stablecoins.

On Tuesday, the FCA published its long-awaited digital asset rules, the culmination of a three-year consultation period that concluded on June 3. In light of feedback, the FCA said it simplified key elements of its proposed…