PANews July 3 report, according to Bitcoin.com, that US and European regulators are strengthening cooperation on digital asset regulations, enhancing the momentum for cross-border cryptocurrency regulation. According to a press release from the US Treasury on July 1, discussions on shared concerns regarding cryptocurrency regulation took place at the EU-US Joint Financial Regulatory Forum held in Brussels from June 24 to 25. The US Treasury stated that participants continued to exchange views on digital finance issues, the EU introduced the implementation progress of the Markets in Crypto-Assets Regulation (MiCA), emphasizing the importance of the Financial Stability Board's related work, and shared considerations for the development of the digital euro; the US introduced key points of its digital asset policy and related work on crypto assets. The talks were co-chaired by the European Commission and the US Treasury, with both sides coordinating to report key regulatory actions, placing digital assets at the core of the discussion. Additionally, both sides discussed efforts to strengthen cross-border payments, with the EU introducing the progress of the Digital Operational Resilience Act (DORA) and the US reporting on cybersecurity matters. This forum reinforced the value of regulatory coordination, with the industry advocating for a globally unified regulatory framework.
