The U.S. and U.K. Treasury Departments have announced the establishment of a transatlantic task force to explore "short- to medium-term cooperation on digital assets."
In a notice on Monday, the U.S. Treasury and the U.K. Treasury stated that this multinational collaboration will be conducted through the established U.S.-U.K. Financial Regulatory Working Group and will release a report containing recommendations within 180 days.
The new task force, named the "Transatlantic Future Markets Working Group," will consider cryptocurrency laws and regulations, as well as how the two countries can collaborate on "wholesale digital market innovation."
This announcement follows a report by the Financial Times that U.K. Chancellor Rachel Reeves met with U.S. Treasury Secretary Scott Bessent last week to discuss how the two countries can work together on cryptocurrency regulation.
Reports indicate that the discussions included representatives from several cryptocurrency companies. Meanwhile, the task force stated on Monday that it should "seek the opinions of leading industry experts to ensure its recommendations are based on the most important matters for the industry."
The U.S. Treasury did not specify whether the formation of the task force is related to any cryptocurrency-related legislation in Congress, such as the GENIUS Act, which establishes a framework for payment stablecoins. Under the act, signed into law in July, the U.S. Treasury is required to draft regulations in conjunction with the Federal Reserve before implementation.
Cryptocurrency exchange Coinbase shared the U.S.-U.K. cooperation announcement in a blog post on Monday, expressing "pride" in supporting this partnership. According to a spokesperson for Coinbase, Daniel Seifert, the exchange's Vice President and Regional General Manager for Europe, the Middle East, and Africa, participated in the discussions between Reeves and Bessent.
Both the U.S. and U.K. have taken steps in 2025 to address regulatory issues affecting digital assets and the companies handling these assets. U.K. Prime Minister Keir Starmer met with U.S. President Donald Trump last week to sign a memorandum of understanding to explore technological developments, including artificial intelligence, although the agreement is not legally binding.
While the U.K. Treasury under Reeves stated in April that it would focus on cryptocurrency rules to "support innovation while combating fraud," the U.S. side under Bessent has pushed for a proposal to reduce regulation.
In August, the U.S. Treasury Secretary stated that the Treasury would explore a "budget-neutral path" to acquire Bitcoin as part of the U.S. government's cryptocurrency reserve program.
Related: VC Perspective: The traditional economy is being "phased out," and the internet economy is rising.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
