According to Bloomberg, the British government plans to announce a cryptocurrency regulatory plan for stablecoins and pledge services this month to cope with the potential attraction of Trump's election as US president to the crypto industry and strive to retain related domestic companies. It is reported that the UK Treasury will introduce legislation on stablecoins and provide clear rules for pledge service exemptions sought by crypto service providers to avoid classifying them as collective investment plans, thereby reducing additional regulatory scrutiny. The Financial Conduct Authority (FCA) will release a regulatory roadmap for the crypto industry soon, which is expected to include a consultation document timetable for stablecoin rules and a regulatory plan to gradually cover other crypto areas.