The US and UK just did something unusual for two governments: they actually agreed on how to handle digital assets. The Transatlantic Taskforce for Markets of the Future, known by the bureaucratically elegant acronym TTMF, released a 10-point roadmap on July 14 covering digital assets, tokenization, and stablecoins.
What’s actually in the roadmap
The TTMF was co-led by US Treasury Secretary Scott Bessent and UK Chancellor of the Exchequer Rachel Reeves. It was established in September 2025 during President Trump’s visit to the UK, and the taskforce delivered its recommendations within a 180-day timeframe.
The centerpiece is a call for a private sector-led group to run a one-year experimental phase testing various use cases for cross-border tokenized assets.
On the regulatory coordination front, four major agencies are being pulled into the effort. The Bank of England, the Commodity Futures Trading Commission, the Financial Conduct Authority, and the Securities and Exchange Commission will collaborate to develop common approaches on settlement finality and stablecoin eligibility.
