U.S. and EU regulators ramped up digital asset coordination, signaling alignment on crypto rules, stablecoins, and central bank digital currencies with global market-shaping implications.
Joint US-EU Talks Highlight Urgency to Build Cohesive Crypto Infrastructure
Cross-border crypto oversight gained stronger momentum as U.S. and EU regulators doubled down on cooperation over digital asset rules, stablecoins, and central bank digital currencies. According to a press release by the U.S. Department of the Treasury on July 1, financial regulators from the European Union and the United States convened at the EU-U.S. Joint Financial Regulatory Forum on June 24–25 in Brussels to discuss mutual priorities in crypto regulation, digital payments, and financial innovation.
“Participants continued their exchange of views on digital finance matters,” the Treasury described. “EU participants provided an update on the implementation of the Markets in Crypto-Assets (MiCA) Regulation, and underscored the importance of the Financial Stability Board’s work on issues related to crypto assets, including stablecoins and wider crypto-related activities and markets. EU participants also shared considerations for the ongoing development of the Digital Euro.” The Treasury added:
U.S. participants provided an update on the U.S. digital asset policy priorities and ongoing work in relation to crypto assets, including the SEC Crypto Task Force.
The European Commission and the U.S. Department of the Treasury co-chaired the talks, which featured a coordinated update on key regulatory actions across both jurisdictions. While the agenda covered broad financial topics, digital assets took center stage during deliberations on digital finance and payments.
“Participants also discussed work underway to enhance cross-border payments, including under the G20 Roadmap for Enhancing Cross-Border Payments,” the Treasury noted. In addition, the EU presented its progress on the Digital Operational Resilience Act (DORA), while U.S. regulators offered updates on cybersecurity and infrastructure safeguards.
Though skepticism remains high among regulators about crypto’s systemic risks, particularly regarding valuation volatility and regulatory compliance gaps, the Forum reinforced the value of regulatory harmonization. As U.S. and EU regulators advance enforcement and policy development, industry advocates continue to argue that clear, globally aligned frameworks could foster innovation and market stability while minimizing jurisdictional arbitrage.
