[UK and US to Establish Transatlantic Task Force to Simplify Capital Market Access and Strengthen Cryptocurrency Cooperation] According to Deep Tide TechFlow on March 5, as reported by Reuters, the UK Treasury announced on Monday that the UK and US governments will establish a 'Transatlantic Future Markets Task Force' aimed at reducing the cumbersome procedures for businesses to access the capital markets of both countries and improving cooperation in the field of crypto assets. The task force will submit a report within 180 days, exploring short-term cooperation improvement plans and long-term options, particularly in the area of wholesale digital markets. This initiative has been approved by UK Chancellor Rachel Reeves and US Treasury Secretary Scott Besant and will be jointly chaired by officials from the two countries' treasuries, with participation from their respective regulatory agencies.