TechFlow news, May 28 — According to an official announcement, on May 28, 2025, the UK Financial Conduct Authority (FCA) published regulatory proposals regarding stablecoin issuance, crypto asset custody, and financial resilience of crypto asset firms. The proposal aims to support a safe and competitive cryptocurrency industry, requiring regulated stablecoins to maintain value stability and provide customers with clear information about asset management.
David Geale, FCA Executive Director, said the regulator will ensure market integrity and trust while supporting innovation. The FCA will work closely with the Bank of England to develop the regulatory approach, with the Bank of England expected to publish a complementary consultation paper later this year.
