The Royal Treasury will impose special stablecoin regulations next year and the FCA will be responsible for regulating stablecoin issuers in the country. This comes at a time when stablecoins are increasingly gaining popularity and attracting the attention of regulators at a global level.

However, there are concerns that these regulations may have a negative impact on the industry. Tightening regulations could put pressure on innovation and growth, causing some companies to cease operations or move them to less regulated regions.

On the other hand, it is also thought that regulations can strengthen investors' and consumers' confidence in the sector by increasing transparency and trust. This may contribute to the sustainable growth of the sector in the long term.

As a result, the Royal Treasury's implementation of stablecoin regulations could have both positive and negative impacts on the industry. For regulation to be successful, it is important to strike a balance and protect consumers and investors while supporting innovation.