Overview

• HM Treasury and the U.S. Treasury will co-chair the Transatlantic Taskforce with participation from regulators including the FCA and SEC.
• The mandate prioritizes near-term coordination on stablecoin oversight, anti-money-laundering standards and tokenisation, alongside exploration of wholesale digital market infrastructure.
• Officials say the work will seek to ease cross-border capital raising by reducing regulatory frictions for firms operating in both markets.
• The announcement followed a Sept. 17 London roundtable with Coinbase, Circle and Ripple, plus banks such as Citi, Bank of America and Barclays, with ongoing industry consultation pledged.
• The initiative also reflects Britain’s effort to bolster competitiveness after Brexit as more companies have shifted primary listings to U.S. exchanges.