Enhancing stablecoin regulation: how to support the UK’s global competitiveness

Discover how stablecoins and digital assets can unlock innovation, financial inclusion, and economic growth for the UK.

About This Report

The UK stands at a pivotal moment – a once-in-a-generation opportunity to lead the next evolution of digital finance. In this policy report, The Payments Association’s Digital Currencies Working Group lays out a bold yet practical roadmap to help realise that vision.

While urging the need for greater regulatory clarity, the report demonstrates how stablecoins and digital assets can play a transformative role: reinforcing the UK’s global competitiveness, unlocking new pathways for financial inclusion and innovation, enabling critical use cases like cross-border payments and asset tokenisation, attracting global investment and talent, and ultimately cementing the UK’s position as a world-leading fintech and financial services hub.

What You’ll Learn

  • The state of play: Why the UK must act now to remain competitive in digital finance

  • Policy priorities: Key regulatory steps to support GBP-backed stablecoins and digital asset adoption

  • Global context: How the UK compares with the US, EU, and Asia and where we can lead

  • Real-world use cases: From cross-border payments to treasury management and payroll

  • Industry insights: First-hand perspectives from leaders at Kraken, OpenPayd, Travers Smith, and more

Who Should Read This?

Whether you’re a policymaker, regulator, fintech founder, bank, investor, or innovator, this report offers essential insight into the future of digital money and what it means for your organisation.

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