The United States and the United Kingdom reaffirmed their commitment to closer financial regulatory cooperation and policy alignment on artificial intelligence (AI) and digital assets at a bilateral working group held in London last month. On July 8, the 13th official meeting of the U.K.-U.S. Financial Regulatory Working Group (FRWG) was hosted by HM Treasury in London, where senior officials and regulators emphasized cooperation on economic and financial stability, digital finance, operational resilience, and regulatory modernization. A joint statement noted both treasuries emphasized modernizing regulation and protecting financial stability to boost economic growth, with broad support for the responsible use and growth of digital assets globally. The Working Group, formed in September 2018, included representatives from the Bank of England (BoE), Financial Conduct Authority (FCA), Federal Reserve, Commodity Futures Trading Commission (CFTC), Federal Deposit Insurance Corporation (FDIC), Office of the Comptroller of the Currency (OCC), and Securities and Exchange Commission (SEC). Authorities provided updates on digital asset regimes, including stablecoins, with U.S. updates on the GENIUS Act and the CLARITY Act, which remains seven votes short of passage in the U.S. Senate. No new policy measures emerged, but the statement underscored shared commitment to regulation supporting the digital asset industry while maintaining consumer protection and financial stability. The group also exchanged views on economic trends, market conditions, non-bank financial intermediation (NBFI), and AI in financial services