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First reported by bsky
FCA Finalizes UK Crypto Rulebook with Reduced 1% Stablecoin Capital Requirement

UK FCA Finalizes Crypto Rulebook, Lowers Stablecoin Capital Requirement to 1%

By

Shiraz Jagati

4h ago· 3 min readenNews
technologyfinance

Summary

The UK's Financial Conduct Authority (FCA) published its final cryptoasset rulebook on June 30, establishing a comprehensive regulatory framework for crypto exchanges, custodians, stablecoin issuers, and staking services. The FCA lowered the capital floor for stablecoin issuers to 1% of issued value and set an October 2027 deadline for firms to obtain full authorization. The framework includes prudential requirements and market-abuse controls, marking a significant step in bringing crypto activities under formal UK financial regulation.

Source

bskyUK FCA Finalizes Crypto Rulebook, Lowers Stablecoin Capital Requirement to 1%news.bitcoin.com

Key quotes

· 2 pulled
The Financial Conduct Authority (FCA), Britain's financial regulator, on June 30 finalized a sweeping framework that pulls crypto exchanges, custodians, stablecoin issuers and staking services into a full authorization regime for the first time.
The final policy statements set prudential requirements, market-abuse controls and stablecoin st...
Snippet from the RSS feed
The FCA finalized the U.K.'s crypto rulebook on June 30, cutting the stablecoin capital floor to 1% and setting an October 2027 authorization deadline.

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