United Kingdom · U.S. Treasury · Scott Bessent · 99Bitcoins
Transatlantic Crypto Framework: What the US-UK Stablecoin Deal Means for Markets
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The United States and the United Kingdom have announced a formal joint digital asset framework, marking the most significant transatlantic regulatory alignment effort in crypto history and a boost to regulation for stablecoins.
Key facts
- This news comes as the crypto market is up +1.6% over the past 24 hours, with the total market cap sitting at $2.29 trillion, up from $2.27 trillion yesterday
- The 13th official meeting of the UK-U.S. Financial Regulatory Working Group (FRWG) was hosted by His Majesty’s Treasury in London on July 8, 2026
- The framework is the first major output of the Transatlantic Taskforce for Markets of the Future, established by UK Chancellor Rachel Reeves and US Treasury Secretary Scott Bessent during President
- Key regulators named to implement the recommendations include the Bank of England, the UK Financial Conduct Authority (FCA), the US Securities and Exchange Commission (SEC), and the US Commodity
Summary
The plan targets stablecoins, tokenized securities, and cross-border capital markets, sending a clear signal that the world’s two largest English-speaking financial centers are moving in the same direction. This news comes as the crypto market is up +1.6% over the past 24 hours, with the total market cap sitting at $2.29 trillion, up from $2.27 trillion yesterday. 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 in London on July 8, 2026.