UK and US establish joint task force to develop crypto regulation framework
The UK and US have launched a joint regulatory task force for digital assets on Sept. 22, called the Transatlantic Taskforce for Markets of the Future.
The task force will report within 180 days to both finance ministries through the UK-US Financial Regulatory Working Group with recommendations on digital asset cooperation.
Officials from HM Treasury and US Treasury will chair the initiative, which includes representatives from both nations’ capital markets and digital asset regulators.
Treasury Secretary Scott Bessent met Chancellor Rachel Reeves at Downing Street last week to formalize the effort. The announcement confirms reports by the Financial Times from Sept. 16 about a potential transatlantic crypto collaboration.
The cooperation…
