U.S. and U.K. Align Regulations to Facilitate Cross‑Border Tokenized Finance in Major Markets

The United States and the United Kingdom have unveiled a coordinated plan to streamline the transfer of tokenized financial products across their markets, indicating a shared intent to integrate blockchain‑based finance more fully into mainstream capital markets.

Issued on Tuesday by the U.S. Department of the Treasury and the UK’s HM Treasury, the Transatlantic Taskforce for Markets of the Future’s recommendations aim to lower regulatory barriers that could impede the expansion of tokenized securities, stablecoins, and other digital assets operating in both jurisdictions.

The report outlines ten recommendations that address both digital assets and conventional capital markets.

Regarding digital assets, the proposals call for an industry‑led working group to pilot cross‑border tokenization initiatives, harmonize regulation of tokenized securities, and advance the development of cross‑border stablecoins. Additionally, they recommend reviewing international banking standards for cryptoassets and establishing policy frameworks that enable stablecoins, tokenized bank deposits, and similar digital money instruments to coexist.

Both governments also released a joint statement endorsing cross‑border stablecoin activity, emphasizing that the private sector will be pivotal in building digital money and payment systems.

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