The Financial Conduct Authority has chosen four companies to trial stablecoin services under proposed regulations. The initiative is part of the FCA’s Regulatory Sandbox, which allows firms to test products in real-world conditions with safeguards. The sandbox follows the FCA’s broader work on crypto regulation. Last month, it opened a consultation on final rules for cryptoasset firms, with responses accepted until 12 March 2026. Matthew Long, director of payments and digital assets at the FCA, said the regulator is “supporting UK stablecoin issuers to ensure they can be trusted for payments, settlement and trading,” ... (full story)