FCA Consults on Stablecoin and Crypto Custody Regulation
Categorised: Crypto, The Stream | Tags: crypto, custody, FCA, proposals, regulation, Stablecoins, UK
Posted by Colin Lambert. Last updated: May 29, 2025
Posted by Colin Lambert. Last updated: May 29, 2025
UK regulator, the Financial Conduct Authority (FCA), has published two papers and started a consultation process as the latest step in its efforts to build a regulatory regime for crypto assets and stablecoins.
In its paper on stablecoin issuance, the FCA observes, “Were an existing stablecoin issuer to fail today, it may be unclear to its holders how they could get their money back. The contractual rights that stablecoin holders may have over any money or assets held by the issuer may vary, and the issuer may not have strictly segregated the money…