Petitions/Set out a pro-innovation strategy for blockchain and stablecoins
StatusClosed
Opened3 Sept 2025
Closes3 Mar 2026
Government responseResponded
Parliamentary debateNot eligible
Milestones 10,000

Publish a strategy for blockchain & stablecoins. We want this to: 1. Drive a pro-innovation stablecoin & tokenisation regulatory regime e.g. support interest bearing stablecoins & preserve role as wholesale settlement asset 2. Explore Govt uses for blockchain 3. Appoint a blockchain & crypto czar

For centuries London was the centre of global trade and finance. We consider that the future is digital where equities, bonds and real world assets exist as tokens - tradeable 24/7, instantly, globally. We consider stablecoins to be the basis of a tokenised economy; the US has ruled out CBDCs and is leaning into stablecoins. The UK is at a crossroads and we believe it will fall behind without a strategy. This is a question of national interest to preserve the competitiveness of the City and sterling’s global standing.

84,278Total signatures
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Government response

The government published its Wholesale Digital Markets Strategy in July and will bring forward legislation for a financial services regulatory regime for cryptoassets this year.

Constituency engagement ranking

Apsana Begum
1Apsana Begum MP
Poplar and Limehouse
359
James Asser
2James Asser MP
West Ham and Beckton
309
Joe Powell
3Joe Powell MP
Kensington and Bayswater
301
Rachel Blake
4Rachel Blake MP
Cities of London and Westminster
278
Dr Rupa Huq
5Dr Rupa Huq MP
Ealing Central and Acton
274
Dame Meg Hillier
6Dame Meg Hillier MP
Hackney South and Shoreditch
274
Ben Coleman
7Ben Coleman MP
Chelsea and Fulham
268
Marsha De Cordova
8Marsha De Cordova MP
Battersea
266
Mr David Lammy
9Mr David Lammy MP
Tottenham
266
Vicky Foxcroft
10Vicky Foxcroft MP
Lewisham North
265