{"id":59261,"date":"2025-09-11T14:41:23","date_gmt":"2025-09-11T14:41:23","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/coinbase-backed-petition-pushes-uk-on-blockchain-and-stablecoin-policy\/"},"modified":"2025-09-11T14:41:23","modified_gmt":"2025-09-11T14:41:23","slug":"coinbase-backed-petition-pushes-uk-on-blockchain-and-stablecoin-policy","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/coinbase-backed-petition-pushes-uk-on-blockchain-and-stablecoin-policy\/","title":{"rendered":"Coinbase-backed petition pushes UK on blockchain and stablecoin policy"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/09\/20250911_1945_Blockchain-Parliament-Innovation_simple_compose_01k4whyrefe0r9zbpc1y9ww7mv-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/09\/20250911_1945_Blockchain-Parliament-Innovation_simple_compose_01k4whyrefe0r9zbpc1y9ww7mv-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/09\/20250911_1945_Blockchain-Parliament-Innovation_simple_compose_01k4whyrefe0r9zbpc1y9ww7mv-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/09\/20250911_1945_Blockchain-Parliament-Innovation_simple_compose_01k4whyrefe0r9zbpc1y9ww7mv-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li data-start=\"224\" data-end=\"433\">Coinbase backs UK petition urging stablecoin rules and blockchain adoption.<\/li>\n<li data-start=\"224\" data-end=\"433\">Petition tops 5K signatures; 10K triggers government reply, 100K a debate.<\/li>\n<li data-start=\"224\" data-end=\"433\">Supporters warn UK risks falling behind without clear crypto strategy.<\/li>\n<\/ul>\n<p data-start=\"224\" data-end=\"433\">A public petition urging the United Kingdom to adopt a pro-innovation strategy for blockchain and stablecoins has gathered momentum after crypto exchange Coinbase rallied its users to support the initiative.<\/p>\n<p data-start=\"435\" data-end=\"646\">The petition, which has been live on the UK government\u2019s website since July, calls for a comprehensive framework covering stablecoin regulation, blockchain adoption, and the appointment of a blockchain \u201cczar.\u201d<\/p>\n<p data-start=\"648\" data-end=\"925\">While it initially gained little attention, interest accelerated this week after Coinbase issued in-app messages encouraging users to sign.<\/p>\n<p data-start=\"648\" data-end=\"925\">Screenshots shared on social media showed notifications from the exchange urging customers to \u201chelp UK lead stablecoin innovation now.\u201d<\/p>\n<p data-start=\"927\" data-end=\"1251\">At the time of writing, the petition had surpassed 5,000 signatures.<\/p>\n<p data-start=\"927\" data-end=\"1251\">Once it reaches 10,000 signatures, the government is required to issue a formal response.<\/p>\n<p data-start=\"927\" data-end=\"1251\">If the total climbs to 100,000 signatures, the proposal will be considered for parliamentary debate.<\/p>\n<p data-start=\"927\" data-end=\"1251\">The petition remains open until March<strong data-start=\"1231\" data-end=\"1248\"> 3,<\/strong> 2026.<\/p>\n<h2 data-start=\"1253\" data-end=\"1301\">Calls for regulatory clarity and innovation<\/h2>\n<p data-start=\"1302\" data-end=\"1540\">The proposal outlines three specific demands: establishing a framework for stablecoins and tokenization, promoting blockchain adoption across government functions, and designating a senior official dedicated to overseeing crypto policy.<\/p>\n<p data-start=\"1542\" data-end=\"1906\">Supporters of the petition argue that stablecoins form the foundation of a tokenized economy and that regulatory clarity is essential for the UK to remain competitive.<\/p>\n<p data-start=\"1542\" data-end=\"1906\">The petition highlights that the United States has ruled out a central bank digital currency (CBDC) in favor of stablecoins, suggesting that the UK risks falling behind without a clear strategy.<\/p>\n<p data-start=\"1908\" data-end=\"2190\">\u201cThis is a question of national interest to preserve the competitiveness of the City and sterling\u2019s global standing,\u201d the petition states.<\/p>\n<p data-start=\"1908\" data-end=\"2190\">Advocates warn that without timely action, the UK may lose its edge to other jurisdictions pursuing more aggressive digital asset strategies.<\/p>\n<h2 data-start=\"2192\" data-end=\"2240\">Coinbase\u2019s role in shaping UK crypto policy<\/h2>\n<p data-start=\"2241\" data-end=\"2429\">Coinbase has been vocal in its campaign for clearer digital asset regulation in the UK.<\/p>\n<p data-start=\"2241\" data-end=\"2429\">In recent months, the exchange has stepped up efforts to influence public debate and policymaking.<\/p>\n<p data-start=\"2431\" data-end=\"2684\">On July 31, Coinbase released a satirical video titled \u201cEverything is Fine.\u201d<\/p>\n<p data-start=\"2431\" data-end=\"2684\">The video contrasted upbeat lyrics celebrating Britain\u2019s financial system with visuals of inflation, poverty, and economic challenges, a pointed critique of the status quo.<\/p>\n<p data-start=\"2686\" data-end=\"3004\">Just days later, on August 5, former UK Chancellor and current Coinbase adviser George Osborne published an opinion piece in the Financial Times.<\/p>\n<p data-start=\"2686\" data-end=\"3004\">In the article, Osborne warned that the UK is falling behind in the global digital asset race and singled out stablecoins as an area where the country has ceded ground.<\/p>\n<p data-start=\"3006\" data-end=\"3388\">Coinbase\u2019s support for the petition reflects its broader strategy of pressing for regulatory clarity and fostering a more favorable operating environment for digital assets in the UK.<\/p>\n<p data-start=\"3006\" data-end=\"3388\">With the petition already halfway to the government\u2019s response threshold, the initiative underscores growing pressure on policymakers to provide direction on stablecoins and blockchain innovation.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/coinbase-backed-petition-pushes-uk-on-blockchain-and-stablecoin-policy\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Coinbase backs UK petition urging stablecoin rules and blockchain adoption. Petition tops 5K signatures; 10K triggers government reply, 100K a debate. Supporters warn UK risks falling behind without clear crypto strategy. A public petition urging the United Kingdom to adopt a [&hellip;]<\/p>\n","protected":false},"author":3947362390,"featured_media":59262,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/59261"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362390"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=59261"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/59261\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/59262"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=59261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=59261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=59261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}