Britain Plans Crypto Regulatory Alignment with US Amid Trump Visit
Britain is preparing to align its cryptocurrency regulations with the United States following discussions between Chancellor Rachel Reeves and Treasury Secretary Scott Bessent, the Financial Times reported Wednesday.
The discussion comes as the UK seeks to match America’s crypto-friendly approach under the Trump administration, and addresses broader concerns about London’s competitiveness as UK-listed companies increasingly relocate to New York exchanges seeking higher valuations.
The Tuesday meeting included representatives from Coinbase, Circle, Ripple, and major banks including Citi, Bank of America, and Barclays. Sources described the gathering as organized “last minute” after crypto industry groups lobbied the UK government…
