Management of Digital Assets and Stablecoins: A Breakthrough Step by the United States and the United Kingdom
An important step towards unifying the legal framework, top financial regulatory agencies in the United States and the United Kingdom have committed to expanding deeper cooperation in overseeing digital assets. A joint statement released by the U.S. Treasury on June 24 highlighted the outcomes of the Financial Management Task Force meeting in London earlier this month.
Cryptocurrency and Stablecoins Prioritized to Build Appropriate Regulatory Framework
At the meeting, digital financial technology was the focus. Officials from both countries updated the progress on regulating cryptocurrencies and stablecoins. The United Kingdom introduced the Digital Securities Sandbox – an innovative financial testing environment. In terms of stablecoins, the United States has taken the lead by passing the GENIUS Act, while the United Kingdom is still reviewing a specific legal framework. Consensus on synchronizing regulations will establish global standards, minimizing legal risks for stable and sustainable projects.
Alongside this, both sides discussed various measures to improve cross-border payment mechanisms, developing a more tightly connected international financial system. A commitment to coordinate at global forums such as G20 to shape transparent standards in the operation of the global cryptocurrency market.
Artificial Intelligence and Innovation: The Key to the Future of Digital Finance
AI has today become a crucial factor in the financial sector. Leaders in the United States and the United Kingdom are acutely aware of the expanding role of AI in financial services and agree on the need to build a flexible legal framework. Especially in the areas of trading, lending, and customer support, to ensure rapid application while controlling potential risks.
Transaction Identification Conversion and Listing Market
The United Kingdom is expected to implement a T+1 fast transaction payment model by 2027, updating listing regulations in line with the United States. Both countries affirm the importance of ongoing collaboration, with plans to reconvene in early 2026 to promote mutual progress. This opens up opportunities for a global, sustainable, and synchronized digital financial ecosystem.
In an increasingly digitalized and globalized financial era, cooperation between the United States and the United Kingdom promises to lay the foundation for a transparent and stable regulatory future, helping the cryptocurrency market to develop healthily and facilitating investors and businesses worldwide.
Source: https://tintucbitcoin.com/my-anh-hop-tac-dieu-chinh-tien-so/
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