According to Odaily Planet Daily, Coinbase has officially issued a statement calling for a stronger future market partnership between the US and the UK. The company stated that the two countries should focus on:
1. Tokenizing traditional financial assets: The collaboration should focus on enabling tokenization so that UK and US shares can be issued and distributed in both jurisdictions.
2. Achieve stablecoin leadership: The United States and the United Kingdom should work to establish a transatlantic stablecoin corridor, allowing stablecoins to be used in wholesale markets (for tokenization) and transatlantic trade payments, and allowing the use of British pound and US dollar stablecoins.
3. Mutual Recognition of Regulatory Regime: The United States and the United Kingdom should align their regulatory approaches to promote best practices in crypto-asset regulation domestically and internationally and pursue mutual recognition so that well-regulated crypto-asset firms do not face duplicative or conflicting requirements when providing services to clients in each country.
