US, UK strike unified stance on digital assets and AI

Homepage > News > Business > US, UK strike unified stance on digital assets and AI The United States and the United Kingdom have reaffirmed their shared commitment to closer financial regulatory cooperation and policy alignment on artificial intelligence (AI) and digital assets at a bilateral working group held in London last month. Reinforcing digital finance ties Joint roadmap targets market alignment Stablecoins, competition in focus On July 8, the 13th official meeting of the U.K.-U.S. Financial Regulatory Working Group (FRWG) was hosted by HM Treasury in London, where senior government officials and regulators from both nations emphasized close, ongoing cooperation, focused on several key themes, including economic and financial stability, digital finance and operational resilience, regulatory modernization, and the recent recommendations of the U.S.-U.K. Transatlantic Taskforce for Markets of the Future (TTMF). “Both U.S. Treasury and HM Treasury emphasized the importance of modernizing regulation and protecting financial stability to boost economic growth,” read a joint statement. “Participants discussed issues related to digital finance, emphasizing broad support f...