Woofun AI reports that the U.S. Department of the Treasury and His Majesty's Treasury have released a joint statement through the Transatlantic Working Group for Future Markets. The group advises the Bank of England, FCA, CFTC, and SEC to establish regulatory frameworks for tokenized assets and explore measures facilitating cross-border financing.

The recommendations prioritize supporting stablecoins and tokenized deposits while promoting market competition. Authorities are urged to implement higher standards for asset custody, reserve segregation, and consumer protection.