In a letter to the British Prime Minister, the Financial Conduct Authority (FCA) announced that in January it will establish a whole set of deregulatory measures, including allowing “retail crypto exchange traded notes.” Furthermore, in 2026, the FCA writes, “we will … finalize digital assets rules and progress U.K.-issued sterling stablecoins,” the letter says.
In a related development, Visa announced on Dec. 16 the launch of USDC payments in the United States, For the first time, U.S. issuers and acquiring partners will be able to settle accounts with Visa in Circle’s USDC stablecoin.
