FCA Official Urges Global Regulatory Alignment on Crypto Following GENIUS Act

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At DigiAssets 2025 in London, Jane Moore of the UK FCA regulator issued a call for a global response to digital assets. Speaking after the US Senate passed the GENIUS Act on 17 June, which establishes a regulatory framework for stablecoins, Moore highlighted that the FCA was monitoring the situation in the US closely.

The US Senate passed the GENIUS Act following a 68–30 bipartisan vote. It now moves to the House of Representatives, where the STABLE Act on stablecoins also awaits consideration. 

Senate Banking Committee Chair Tim Scott highlighted that the bill establishes a “first-of-its-kind regulatory framework for payment stablecoins, protecting consumers and strengthening national security,” calling it “a bold step forward.”

DigiAssets 2025, held June 17–18 in London, gathered over 300 senior figures to address developments in digital assets and related sectors.

Decrypt reports that Conservative Peer Lord Chris Holmes echoed Moore’s sentiment and emphasized that right‑size regulation is in the interests of innovation, investment, and society at large.

Meanwhile, European Central Bank expert Christian Moor raised concerns about the dominance of US dollar‑based stablecoins in retail markets.