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UK's FCA Seeks Views on Stablecoins, Crypto Custody to Prevent Firm Failures

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90% Informative

Stablecoins have been something regulators have been watching carefully following the collapse of the algorithmic stablecoin terraUSD in 2022 .

The FCA has been establishing its new crypto regime since 2023 .

The regulator has since upped its efforts to regulate the sector by releasing a series of discussion papers for the industry.