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Update on plans for the regulation of fiat-backed stablecoins

This document provides an update on the government’s policy concerning the regulation of fiat-backed stablecoins.

Last fetched 04 May 2026 · gov.uk

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Update on plans for the regulation of fiat-backed stablecoinsapplication/pdf

At a glance

TypePolicy paper

First published30 Oct 2023

Last updated30 Oct 2023

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Topics

Business and industry

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Other from HM TreasurySee all →

Raise the income tax personal allowance from £12,570 to £20,000

Don't change inheritance tax relief for working farms

Introduce new tax code for state pensioners with double the personal allowance

Don't apply VAT to independent school fees, or remove business rates relief.

Raise the income tax personal allowance from £12,570 to £20,000

Set out a pro-innovation strategy for blockchain and stablecoins

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