According to the 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 and secure environment. 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. FCA Payments and Digital Assets Director Matthew Long stated that this move aims to ensure the credibility of stablecoins in payments and settlements. The test results will directly influence the final regulatory rules for stablecoins in the UK, expected to be released later in 2026.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
UK FCA selects four companies to participate in regulatory sandbox testing for stablecoin innovation
According to the 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 and secure environment. 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. FCA Payments and Digital Assets Director Matthew Long stated that this move aims to ensure the credibility of stablecoins in payments and settlements. The test results will directly influence the final regulatory rules for stablecoins in the UK, expected to be released later in 2026.