Coinbase supports Stablecoin rules and UK petitions urging the adoption of blockchain. The petition has a 5k signature at the top. 10K triggered a government reply, 100K debate. Supporters warn of the UK’s risk of falling behind without a clear crypto strategy.
After Crypto Exchange Coinbase rallyed users to support its initiative, a public petition urged the UK to adopt a blockchain and Stablecoins pro-favor strategy has gained momentum.
The petition, which has been published on the UK government’s website since July, calls for a comprehensive framework that covers Stablecoin regulations, blockchain adoption and the appointment of the blockchain “Czar.”
Although it initially received little attention, interest accelerated this week after Coinbase encouraged users to sign after publishing an in-app message.
Screenshots shared on social media show that notifications from the exchange encourage customers to “help lead Stablecoin innovation right now.”
At the time of writing, the petition had surpassed 5,000 signatures.
Once 10,000 signatures are reached, the government must issue a formal response.
If the total rises to 100,000 signatures, the proposal will be considered for council discussion.
The petition will remain open until March 3, 2026.
We are looking for clarity and innovation in regulations
This proposal outlines three specific requirements: It is the establishment of a framework for stylization and tokenization, the adoption of blockchains across government functions, and the designation of high-ranking officials dedicated to overseeing crypto policy.
Petitioners argue that stubcoins form the basis of a tokenized economy and that regulatory clarity is essential for the UK to remain competitive.
The petition highlights the US’s elimination of stable central bank digital currency (CBDC), suggesting that the UK is at risk of falling behind without a clear strategy.
“This is a matter of the competitiveness of the city and the national interests to maintain Sterling’s global position,” the petition states.
Advocates warn that without timely action, the UK could lose its advantage over other jurisdictions pursuing a more aggressive digital asset strategy.
The role of Coinbase in shaping UK crypto policy
Coinbase is speaking out with its campaign for clearer digital asset regulation in the UK.
Over the past few months, the exchange has strengthened efforts to influence public discussion and policy decisions.
On July 31st, Coinbase released a satirical video titled “Everything Is OK.”
The video contrasts with bright lyrics celebrating the UK’s financial system and visuals of inflation, poverty and economic challenges.
Just a few days later, on August 5th, George Osborn, former British Prime Minister and current Coinbase advisor, presented his opinion in the Financial Times.
In the article, Osborne warned that the UK was behind the global digital assets race and that it had picked Stubcoin as the area the country gave in to the ground.
Support for the Coinbase petition reflects a broader strategy of imposing regulatory clarity and promoting a more favorable operating environment for UK digital assets.
As the petition is already in the middle of a government response threshold, the initiative underscores the growing pressure on policymakers to provide directions on stubcoin and blockchain innovation.
