05/08/2026
🇬🇧🇺🇸 UK and U.S. deepen regulatory cooperation on stablecoins and digital assets
➡️ The 13th official meeting of the UK-U.S. Financial Regulatory Working Group (FRWG) was hosted by His Majesty’s Treasury (HM Treasury) in London on July 8, 2026.
➡️ Senior officials from HM Treasury and U.S. Department of the Treasury were joined by representatives from the Bank of England, Financial Conduct Authority, Board of Governors of the Federal Reserve System , U.S. Commodity Futures Trading Commission, Federal Deposit Insurance Corporation (FDIC) , Office of the Comptroller of the Currency. Participants expressed views on issues in their organisations’ respective areas of responsibility.
🏛️ The Working Group meeting emphasised close, ongoing U.S. and UK cooperation and focused on several key themes, including
1) economic and financial stability outlook; 2) digital finance and operational resilience;
3) regulatory modernisation and international regulatory developments; and
4) the U.S.-UK Transatlantic Taskforce for Markets of the Future (TTMF). The TTMF announced its initial recommendations on July 14, along with a U.S.-UK joint statement on stablecoins, laying the foundations for continued U.S. and UK leadership in digital assets and capital markets.
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As Secretariat of the APPG on Blockchain Technologies, BBA is closely following the developments in this space, and continue to advance evidence-based adoption of Blockchain and Cryptoasset technologies in the UK, and beyond.
