Original sourceCryptobriefingAdditional: Blockonomi
Summary
The US Treasury and UK Treasury, via the Transatlantic Future Markets Working Group, released a joint 10-point roadmap to coordinate cross-border regulation of tokenized assets and stablecoins. Key points include establishing industry-led working groups to promote cross-border tokenization pilots,…
Key points
- Provides regulatory direction for crypto companies operating across borders, allowing stablecoin issuers to assess market entry strategies and compliance costs.
- As the world's two largest financial markets, the US and UK have for the first time established a joint regulatory path for tokenized assets and stablecoins, which will accelerate the construction of cross-border digital asset infrastructure.
- Stablecoin issuers and tokenized asset projects gain cross-border regulatory references, helping to reduce compliance uncertainty across different jurisdictions, but should watch for subsequent specific regulatory details.
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