UK regulator selects four firms to test stablecoins in sandbox

The UK Financial Conduct Authority has selected Monee, ReStabilise, Revolut, and VVTX to participate in its regulatory sandbox program. The four firms will test stablecoin issuance and payments under controlled conditions. This move reflects the UK’s approach to digital asset regulation, allowing fintech companies to experiment with blockchain-based payment solutions while remaining under supervisory oversight.

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