US and UK coordinate digital asset regulation

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US and UK regulators met as part of the 13th Financial Regulatory Working Group in London on July 8 and later issued a joint statement on Aug. 4 summarizing the discussions. Officials discussed stablecoin regulation, tokenization, digital asset market structure in the United States, the UK's wholesale financial markets digital strategy, payment modernization and the G20 cross-border payments roadmap, and US officials updated UK counterparts on implementation of the GENIUS Act. The meeting produced no new policy measures but signalled renewed coordination, and the Transatlantic Taskforce for Markets of the Future published recommendations on July 14 to support continued US-UK leadership in digital assets.

US and UK reaffirm cooperation on digital asset rules