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The UK's FCA Launches a Stablecoin Regulatory Sandbox: Companies Including Revolut Will Test Stablecoin Payments and Settlements
Svmuu News: According to an official announcement by the UK Financial Conduct Authority (FCA), the FCA has selected four companies to join its regulatory sandbox to test innovative stablecoin services in a real-world environment with safeguards in place. The four selected companies are Monee Financial Technologies, ReStabilise, Revolut, and VVTX, which were chosen from a pool of 20 applicants. Testing will begin in the first quarter of 2026, focusing on application scenarios such as stablecoin issuance, payments, wholesale settlement, and crypto trading. Matthew Long, Director of Payments and Digital Assets at the FCA, stated that this initiative aims to ensure the credibility of stablecoins in payments and settlement, and that the test results will directly influence the final UK stablecoin regulatory rules to be introduced later in 2026.
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