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Woofun AI reports that the US Department of the Treasury and HM Treasury released a joint statement on Tuesday, outlining four key recommendations for digital assets under the Transatlantic Taskforce for the Markets of the Future. This bilateral cooperation focuses specifically on stabilizing stablecoin activity and advancing tokenized finance through aligned regulatory frameworks.
Structurally, the task force proposes establishing a private-sector-led group dedicated to the testing of cross-border use cases for tokenized assets. Financial agencies in the US and the Bank of England are urged to identify shared approaches for the regulation of tokenized assets, aiming to foster a dynamic stablecoin market across borders. The core principle seeks comparable outcomes for comparable risks, thereby advancing financial stability while avoiding market distortions or disincentivizing cross-border competition. Although the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, signed into law last year with an effective date in January 2027, was not explicitly cited, the recommendations align with its mandate that stablecoins be fully backed on a one-to-one basis by high-quality, liquid assets.
Per Woofun AI, the economic projections underscore the urgency of this alignment, with the United Kingdom potentially adding up to $44 billion to its annual economic output by 2035. This growth is contingent on the UK becoming one of the leading jurisdictions for tokenization, assuming tokenization scales globally and UK domestic adoption increases in line with major peers. A UK government-backed industry task force has further accelerated this timeline, calling for the issuance of tokenized bonds by the first quarter of 2027 and planning to test financial transactions on the blockchain.
The strategic implication of these US-UK recommendations is a move toward deep regulatory alignment that prioritizes global interoperability over fragmented national standards. By coordinating on stablecoin backing and tokenization infrastructure, both nations aim to avoid disincentivizing cross-border competition. This marks a definitive shift from isolated regulatory experiments to a unified transatlantic approach for future markets.