Recommendations of the Transatlantic Taskforce for Markets of the Future
Recommendations of the Transatlantic Taskforce for Markets of the Future to advance UK-US financial services collaboration on digital assets and capital markets
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The United Kingdom and the United States are home to the world’s two leading financial centres and have vibrant and dynamic capital markets. The use of digital money and digital assets continues to grow rapidly, supported by increasing adoption of distributed ledger technologies, institutional investment and regulatory developments.
To deepen cross-border connectivity, reduce market fragmentation, accelerate the adoption of tokenisation in digital markets and further strengthen links between the two countries’ capital markets, the UK and US have published the initial recommendations of the Transatlantic Taskforce for Markets of the Future. This delivers on the commitment made by the Chancellor of the Exchequer, Rachel Reeves, and US Treasury Secretary Scott Bessent when they launched the Taskforce in September 2025.
The recommendations set out a shared, forward-looking agenda to advance UK-US financial services cooperation, opening a new chapter in the relationship between the world’s two leading financial centres.
Alongside the report, the UK and US have published a joint statement on stablecoins, setting out a shared UK-US view to support a dynamic cross-border stablecoin market, promote convergence between our respective regimes and give market participants greater confidence and clarity as they pursue financial innovation.
Progress on delivery of the recommendations will be reported through the UK-US Financial Regulatory Working Group, to ensure they translate into practical outcomes for businesses and consumers on both sides of the Atlantic.