Deloitte comments on the Transatlantic Taskforce for Markets of the Future
Commenting on the recommendations of the Transatlantic Taskforce for Markets of the Future, Simon Brennan, Director in Deloitte’s EMEA Centre for Regulatory Strategy, said: "The report sets the right tone around the UK and US collaborating across digital assets, recognising the benefits of closer coordination between two of the world’s most influential financial markets. To truly unlock the global potential of stablecoins for UK financial services, there must be clear, cross-border pathways for their seamless market access.
"It is critical that the strong momentum in the UK on digital assets is maintained. Recent announcements point in the right direction but underscore that regulation alone will not drive progress. The financial services industry now needs to work together, with the support of authorities, to scale live activity that creates the conditions for long-term investment.”
ENDS
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