UK Regulators Warn Stablecoins Could Undermine Pound and Markets

United Kingdom regulators have stepped up scrutiny of stablecoins and the broader crypto industry, warning they could pose risks to the country’s financial system and monetary stability. At its meetings on April 4 and April 8, the Bank of England’s Financial Policy Committee (FPC) emphasized a sharp increase in stablecoin and unbacked crypto activity over the past year. In response, the FPC issued a warning about the potential risks these developments could pose to financial stability, underscoring concerns tied to the growing adoption of digital assets without clear backing. The UK’s Financial Conduct Authority (FCA) and its central bank have The post UK Regulators Warn Stablecoins Could Undermine Pound and Markets first appeared on The Shib Daily source: https://news.shib.io/2025/04/11/uk-regulators-warn-stablecoins-could-undermine-pound-and-markets/?utm_source=rss&utm_medium=rss&utm_campaign=uk-regulators-warn-stablecoins-could-undermine-pound-and-markets