UK Risks Losing Stablecoin Momentum After Coinbase–BVNK Deal Collapses 🇬🇧

[kevin1]

The UK’s push to become a stablecoin hub hit a snag this week after Coinbase and BVNK ended a $2 billion partnership deal that could have accelerated adoption.

The setback comes as the Bank of England and FCA finalize their split regulatory approach — BOE for payments, FCA for trading.

With US stablecoin laws already live under the GENIUS Act, industry leaders say the UK must balance safety and competitiveness before it falls behind global rivals.

[Rimon Khan]

The UK keeps talking innovation, but execution keeps lagging.

[EmTeam]

Losing that deal hurts credibility — others will move faster now. ️