Can I use stablecoins in the UK?

[chainsniff]

Yes, but they fall under regulatory oversight. Firms issuing or operating stablecoins must comply with Anti-Money Laundering (AML) and Payment Services Regulations, and may require a license from the Financial Conduct Authority (FCA).

[JanEmil]

And send our data to tax authority

[Abdul Khan]

Yes — but usage depends heavily on the platform’s compliance with UK regulations. ️

[Abdul Khan]

Adoption is growing, but always verify FCA guidance before moving funds.