US, UK announce joint recommendation on tokenization and stablecoin
US, UK announce joint recommendation on tokenization and stablecoin Source The US and UK have released joint recommendations for cross-border use of tokenized assets and stablecoins. The key is a one-year private sector-led experiment, a common approach for regulators, and a review of the use of clearing house margins for eligible stablecoins. However, it is not a treaty or a final plan for mutual recognition, but an initial recommendation stage.
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