US and UK set to announce new crypto cooperation deal
The United States and the United Kingdom are preparing to formalize closer cooperation on crypto regulation, with stablecoins at the center of discussions. The agreement follows a high-level meeting in London between UK Chancellor Rachel Reeves and US Treasury Secretary Scott Bessent.
The meeting, which included major industry players such as Coinbase, Circle, Ripple, Citi, Bank of America, and Barclays, emphasized the potential for digital assets, especially stablecoins, in driving economic growth. British officials said there was a large opportunity for the UK in the crypto space, particularly since the Trump administration continues to advocate for innovation within the sector.
The move to expedite cooperation was after the UK…
