They called on the Bank of England and the U.K. Financial Conduct Authority, together with the U.S. CFTC and SEC, to develop approaches to tokenized assets. They need to establish standards for custody, reserve segregation, and consumer protection. In addition, they should support competition and innovation in stablecoins, tokenized deposits, and other similar assets. The finance ministries of both countries also instructed them to explore options for cross-border capital raising in these sectors. However, their priority is to legally guarantee reserve payouts to stablecoin holders even in the event of an issuer’s bankruptcy. At the same time, the U.S. government transferred 3.8 thousand BTC ($235.2 million) and 30 thousand ETH ($53 million) to Coinbase Prime. They were linked to drug trafficking. In March 2025, Trump issued an executive order requiring confiscated cryptocurrencies to be moved into a strategic reserve fund. The U.S. holds 328.4 thousand BTC ($21.2 billion), or 1.6% of all coins.