UK Treasury Unifies Stablecoin Rules with Traditional Payments HM Treasury announced plans Monday to bring stablecoins and tokenized deposits under the same regulations as traditional payments, cutting red tape for providers while keeping safeguards like client asset protection. Economic Secretary Lucy Rigby described it as building a secure, competitive payments ecosystem amid stablecoins' surge—$33 trillion in 2025 volumes alone, topping Visa. The package adds £1 million in funding and appoints Chris Woolard as Wholesale Digital Markets Champion, with a consultation on broader reforms coming soon.
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