PARLIAMENTARY WRITTEN QUESTION
(17 December 2025)

To ask the Chancellor of the Exchequer, whether her Department plans to use the Transatlantic Taskforce for Markets of the Future to deepen engagement with United States’ regulators following the finalisation of the GENIUS Act, to support regulatory alignment on cross border stablecoins.

Asked by:
Mark Garnier (Conservative)

The Transatlantic Taskforce for Markets of the Future was established by HM Treasury and the US Treasury on 22 September.

Its purpose is to bring the world’s leading financial centres together to develop concrete policy options and recommendations on further financial market innovation, with a particular focus on digital assets and capital markets. Innovation in these industries will be central to the government’s mission for economic growth.

Further details can be found here: Boosting collaboration between UK and US financial systems to drive innovation and growth in global markets - GOV.UK

Answered by:
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