Svmuu News: The U.S. Department of the Treasury and the U.K. Treasury issued a joint statement and recommendations as part of the “Transatlantic Working Group on Future Markets.” The working group recommended that the Bank of England, the FCA, and the U.S. CFTC and SEC develop regulatory frameworks for tokenized assets, while also calling on the FCA and SEC to explore measures to facilitate cross-border financing. In terms of specific recommendations, the U.S. and U.K. proposed supporting the development of stablecoins, tokenized deposits, and similar digital assets; promoting market competition and innovation; and establishing higher standards for asset custody, reserve segregation, and consumer protection. (The Block)