UK and US Secretly Plot Game-Changing Crypto Alliance — Here’s What It Means for Your Wallet

Ever wonder what happens when two heavyweight financial giants decide to buddy up over crypto regulation? Well, the UK and the US are setting the stage for a closer collaboration that could shake up the digital assets world. It’s not just about bureaucracy — it’s about strengthening oversight while opening doors for market access and juicy investments. With heavy hitters like Coinbase, Circle, and Barclays in the mix, this partnership aims to tackle the fast-evolving crypto space with a unified front, especially focusing on stablecoins. Could this be the recipe to stop London from trailing behind New York in the crypto race? Let’s dive into the details and see what this alliance really means for the crypto ecosystem. LEARN MORE.

Photo: Christophe Lehenaff

Key Takeaways

• The UK and US are preparing to announce closer cooperation in the regulation of the crypto sector.
• This collaboration aims to strengthen regulatory coordination between the two countries for digital assets.

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The UK and US are set to announce closer cooperation on crypto, according to a Financial Times report.

Talks on the plan were held Tuesday between Chancellor Rachel Reeves and US Treasury Secretary Scott Bessent, with crypto firms and banks, including Coinbase, Circle, Ripple, Citi, and Barclays, present. Any agreement is expected to cover stablecoins.

UK officials said Reeves hopes that aligning rules with the US will expand market access and attract investment amid concerns London is losing ground to New York as companies pursue higher valuations.

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