Brian Armstrong’s firm, Coinbase, continues to advocate for UK crypto policy, as a petition to shake up British blockchain frameworks and crypto regulations gains thousands of signatures.
So far, the petition calling for the United Kingdom to adopt a pro-innovation blockchain and stablecoin framework has surged past 5,000 signatures, after Coinbase triggered a wave of attention by sending in-app notifications to its UK user base this week.
Lmfao
Bore off Coinbase & UK Gov
pic.twitter.com/mfrAGMEwN5
— Certified Crypto (@CryptoGlasgow1) September 11, 2025
A Shake Up For UK Crypto Policy: Everything to Know About Coinbase Crypto Petition
Launched in July, the petition, hosted on the official UK Parliament site, demands three core actions: a regulatory framework for stablecoins and tokenization, government-led blockchain adoption, and appointing a dedicated national blockchain lead or “czar.”
While uptake had been modest in the weeks following launch, Coinbase’s intervention has significantly accelerated momentum. At 10,000 signatures, the government must formally respond, while 100,000 signatures will force consideration for a parliamentary debate. The petition closes on March 3, 2026.
Sign The Petition Here
The UK government has wrestled with its position on digital assets for years, oscillating between rhetoric around innovation and serious regulatory caution, fueled by the bruising post-FTX narratives surrounding cryptocurrency markets.
For petition backers, the issue is now one of global competitiveness. “This is a question of national interest to preserve the competitiveness of the City and sterling’s global standing,” the petition text states, pointing to the US decision to rule out a central bank digital currency while moving ahead with dollar-backed stablecoins. https://cointelegraph.com/news/uk-blockchain-petition-coinbase-push
Advocates argue that without swift action, the UK risks ceding ground to Singapore, Hong Kong, and Abu Dhabi, where clear regulatory frameworks have already been rolled out, positioning to capture the future of financial growth.
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Is Coinbase Sparking a Crypto Revolution in the UK?
Coinbase has been vocal in criticizing Britain’s hesitant stance. In July, the exchange released a satirical video titled Everything is Fine, mocking the UK’s strained financial system.
TV ADVERT DEPICTING THE STATE OF BRITAIN HAS BEEN BANNED!!!
Coinbase CEO tweeted “Our ad which got banned in the UK by the TV networks has sparked quite a reaction. If you can't say it, then there must be a kernel of truth in it,” pic.twitter.com/gRIsJIWhEd
— James Freeman (@james_freeman__) August 10, 2025
Days later, George Osborne, the former Chancellor of the Exchequer and now Coinbase adviser, warned in the Financial Times that the UK had “allowed itself to be left behind” on crypto adoption.
Osborne highlighted stablecoins as the decisive next wave, noting that the US Genius Act had already created a regulated pathway for dollar-backed issuers. At the same time, Britain had failed to provide similar clarity for sterling.
The Bank of England has so far maintained a sceptical line. Governor Andrew Bailey recently said stablecoins must prove they meet the “singleness of money” test, demonstrating one-to-one exchangeability with existing money, before being widely accepted.
Chancellor Rachel Reeves has promised to “drive forward” on stablecoin regulation but has provided little detail, leading industry insiders to accuse the Treasury of prevarication.
Coinbase’s strategy of mobilizing its retail user base could intensify political pressure. While the exchange has previously campaigned through policy papers and lobbying, its app’s direct call to action marks a new stage in public advocacy – catalyzing its userbase for democratic sway.
If momentum continues, the petition could crystallize into one of the most visible signals yet that crypto users in Britain are prepared to push for regulatory clarity, and form a political faction. Significant, especially after the success of the Trump campaign in creating a crypto voting block last Year.
For a government juggling post-Brexit competitiveness and wary of financial instability, the question is whether it can afford to ignore calls for a coherent digital asset strategy any longer.
The petition is only halfway to its first milestone, but Coinbase’s intervention has ensured it will be watched closely by industry and policymakers alike.
Sign The Petition Here
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The post Thousands Sign Crypto Petition: Is Coinbase Starting a Crypto Revolution in UK? appeared first on 99Bitcoins.
