UK Treasury Proposes Easing Regulations for Stablecoin-Based Remittances and Cash Exchange

The UK is moving to ease regulations for simple remittances and cash exchanges using its qualified stablecoins, according to a report by CryptoSlate. The Treasury submitted the final draft of 'Financial Services Market Act 2000 Digital Asset Supplementary Amendment Regulations 2026' to Parliament on Thursday (local time). While the draft has not yet been enacted, it aims to exclude basic remittance and cash exchange services from current digital asset trading regulations. However, lending, borrowing, exchanges with Bitcoin and other digital assets, and long-term custody will remain regulated.