The UK plans to launch a regulatory framework for the cryptocurrency industry in early 2025, announced by Economic Affairs Minister Tulip Siddiq at the Tokenization Summit in London. The new framework will separate stablecoins from the existing payment system and establish specific regulations for staking services to avoid being classified as collective investment schemes. This initiative brings clear regulatory direction to the market, ending the policy uncertainty that has persisted since July 2024. Previously, the Conservative government had included cryptocurrencies under regulated activities in the Financial Services and Markets Bill. Overall, this development brings new expectations and challenges to the crypto market.