As petitions heat up, Britain seeks to avoid missing the wave of stablecoins

A Coinbase-backed petition in the UK aims to support innovative blockchain and stablecoin regulation has received more than 5,000 signatures. If the signatures reach 10,000, the government must respond. The petition calls for clear stablecoin rules, adoption of blockchain technology, and designation of a cryptocurrency policy leader. Coinbase promoted the petition through in-app messages, warning that the UK could fall behind without a regulatory framework. The petition will last until 2026.