PANews reported on May 28 that the UK Financial Conduct Authority (FCA) announced regulatory recommendations on stablecoin issuance, crypto asset custody and corporate financial soundness, aiming to build a safe and competitive crypto market. The recommendation requires stablecoins to maintain a stable value and disclose asset support to users; custodians must ensure that user assets are safe and accessible at any time. The proposal was formulated after multiple rounds of communication between the FCA and the market. The deadline for soliciting opinions is July 31, and the final rules will be released in 2026.