A campaign urging UK policymakers to take steps toward blockchain and stablecoin development is seeing increased attention.
It recently gained traction after crypto exchange Coinbase
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The petition, listed on the official UK government website, is open to the public until March 3, 2026.
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If 10,000 people sign, the government is required to respond. If it reaches 100,000 signatures, Parliament will consider debating the proposal.
Three main ideas are highlighted in the petition. First, it calls for clear and practical rules for stablecoins and tokenized assets. Second, it suggests that government agencies begin experimenting with blockchain tools. Third, it recommends the appointment of a national figure to coordinate crypto policy across departments.
Coinbase helped boost support by sending in-app messages to users. Screenshots shared online showed messages urging action with the phrase “help UK lead stablecoin innovation now”.
As of now, more than 5,000 people have backed the effort.
Supporters argued that the UK is at risk of falling behind if it does not develop a solid plan. They point to the US decision not to issue a central bank digital currency and choose instead to focus on private stablecoins.
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