FCA Eases Stablecoin Capital Rules Ahead of UK Crypto Regime Launch

The UK's Financial Conduct Authority (FCA) has announced plans to simplify capital requirements for stablecoins ahead of the introduction of its new crypto regime in 2027.

Under the revised system, all firms operating in the digital assets space will be required to meet basic financial resilience obligations, including capital and stress testing.

The regulator has also decided to ease some previously announced requirements following consultations with industry stakeholders. Specifically, it will reduce stablecoin issuance capital requirements and streamline categories covered by the risk framework.