PANews, February 25 — According to an official announcement from the UK Financial Conduct Authority (FCA), FCA has selected four companies to enter its regulatory sandbox to test innovative stablecoin services in a real-world environment with safety measures in place. The four selected companies are Monee Financial Technologies, ReStabilise, Revolut, and VVTX, chosen from 20 applications. The testing will begin in the first quarter of 2026, focusing on applications such as stablecoin issuance, payments, wholesale settlement, and crypto trading.
Matthew Long, FCA’s Director of Payments and Digital Assets, stated that this move aims to ensure the credibility of stablecoins in payments and settlement. The test results will directly influence the final regulatory rules for stablecoins in the UK, expected to be released later in 2026.
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