US, UK reaffirm support for stablecoins, tokenization in joint financial regulation talks
CoinTelegraph·
60-second summary
US and UK regulators reaffirm support for stablecoins and tokenization in joint financial talks, emphasizing the implementation of the GENIUS Act and payment modernization. They also stress cross-border cooperation, reinforcing a shared framework for digital asset oversight. This shared framework is expected to provide clarity and stability for the growing digital asset market.
In a July 8 meeting, US and UK regulators highlighted the implementation of the GENIUS Act, payment modernization and cross-border cooperation, reinforcing a shared framework for digital asset oversight.