American-British Governments Pledge to Support Stable Cryptocurrencies
The United States and the United Kingdom announced their commitment to strengthen cooperation to support the adoption of stable cryptocurrencies by establishing a clear regulatory framework that facilitates their use and cross-border trading. This initiative is part of efforts to address cross-jurisdictional regulatory challenges and promote innovation in international financial markets. The recommendations also include establishing a joint working group to support regulatory coordination and reviewing capital requirements for banks related to digital assets.
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