A public petition urging the UK government to develop a forward-looking strategy for blockchain and stablecoins is gaining traction, after Coinbase sent push notifications to its users encouraging them to sign.
Launched in July 2025, the petition calls for a pro-innovation regulatory framework that supports blockchain adoption, regulates stablecoins, and appoints a dedicated government lead — or “blockchain czar” — to oversee digital asset policy.
This week, interest surged after Coinbase sent in-app messages rallying its UK users with calls to action like “Help the UK lead stablecoin innovation now.” Screenshots of the notifications quickly circulated on social media, helping the petition cross 5,000 signatures — more than halfway to the 10,000 needed to trigger an official government response.
If the petition reaches 100,000 signatures, it will be considered for debate in Parliament. The petition remains open for signatures on the UK government’s official website until March 3, 2026.
Three Key Demands: Regulation, Adoption, and Leadership
The petition outlines three core proposals:
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Establish a legal framework for stablecoins and tokenization.
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Encourage blockchain integration in government services.
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Appoint a senior official to lead national crypto policy.
Supporters argue the UK risks falling behind countries like the U.S., where stablecoins have gained political backing, particularly after the Federal Reserve dismissed the need for a central bank digital currency.
“This is a matter of national interest — to protect the competitiveness of the City and the global role of the pound sterling,” the petition reads.
Coinbase’s Ongoing Role in UK Crypto Policy
Coinbase has stepped up its lobbying efforts in the UK in recent months. On July 31, the exchange released a satirical ad titled “Everything is Fine”, which criticized the state of the UK economy while advocating for crypto-friendly reforms. The video juxtaposed upbeat music and lyrics with scenes of inflation, financial strain, and institutional dysfunction.
Shortly after, on August 5, George Osborne — former UK Chancellor and now an adviser to Coinbase — penned an op-ed in the Financial Times, warning that the UK is “falling behind” in digital asset policy. He specifically pointed to stablecoins as a missed opportunity for leadership.
Featured image from: cointelegraph.com