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The UK announces regulatory integration plan for stablecoins and tokenized deposits payments
Golden Finance reports that the UK Treasury announced a regulatory plan during London Fintech Week, aiming to include stablecoins and tokenized deposits within a unified regulatory framework alongside traditional payment services. The plan intends to regulate stablecoins used for payments under the upcoming issuance regime, expand the Financial Conduct Authority’s (FCA) oversight of open banking, and explore regulatory adjustments for payment activities executed by AI agents. The plan also proposes reducing administrative requirements for companies providing stablecoin payment services through new legislation.