UK to Unveil Long-Awaited Crypto, Stablecoin Rules Early in 2025

Keir Starmer’s government will draft a regulatory framework to oversee the crypto sector early next year, a senior minister said, as the UK tries to keep pace with developments in the sector in the US and Europe.

Read More: UK to Spell Out Crypto Plans as Startups Eye US Trump Benefits

Rules on stablecoins — cryptocurrencies tied to the value of more stable assets like the US dollar — and on so-called staking services will be part of a single overarching regime for cryptoassets, Economic Secretary to the Treasury Tulip Siddiq said at a conference in London on Thursday. ...