US and UK strengthen ties on crypto regulation
The United States and the United Kingdom are planning closer cooperation on cryptocurrency oversight, aiming to boost innovation and financial stability.
UK Chancellor Rachel Reeves and U.S. Treasury Secretary Scott Bessent met this week to discuss how the two countries can work together on regulating digital assets, according to the Financial Times. The meeting included major players from both traditional finance and crypto, such as Bank of America, Barclays, Circle, Citi, Coinbase, and Ripple.
Cassie Craddock, managing director of Ripple’s UK & Europe unit, welcomed the initiative, saying it could “set a template for international cooperation in our industry.” She added that the UK, with its deep capital…
