U.S. and UK regulators report on stablecoin and digital-asset workstreams

What changed

The U.S.-UK Financial Regulatory Working Group published a joint statement on August 4, 2026 after its summer meeting, with participants including Treasury, the Federal Reserve, the OCC, the SEC, and UK counterparts. U.S. authorities updated on GENIUS Act stablecoin implementation and digital-asset market structure work; the statement references the Transatlantic Taskforce for Markets of the Future July 14 recommendations, a U.S.-UK joint statement on stablecoins, tokenization priorities, and the G20 cross-border payments roadmap, with the next meeting planned for early 2027. The statement is an official signal of direction and coordination; it changes no obligation.

Who it affects

• Stablecoin issuers and banks tracking GENIUS implementation sequencing
• Advisers monitoring cross-border treatment of stablecoins and tokenized assets

What is still open

• Which GENIUS implementing rules advance next and on what timeline

What it means for an advisor

• No action required; useful context for the pace and direction of stablecoin rulemaking already tracked in this ledger