US and UK Unveil Plan to Align Stablecoin Regulation

The US and UK Treasuries have published 10 joint recommendations to align their regulation of stablecoins, tokenized assets, and capital markets. The recommendations, from a taskforce set up during President Trump's 2025 UK state visit, add no binding rules but set a shared direction for the two countries.

The focus on digital assets includes a private-sector group to test cross-border tokenization use cases over the next year. A joint statement backing stablecoins has also been developed by the two governments.

Crypto firms have welcomed the plan, with Coinbase calling it 'a critical moment for transatlantic cooperation'. The UK's Economic Secretary to the Treasury, Lucy Rigby, said that digital assets offer benefits including 'efficiencies generally, but also just everything happening much more speedily.'