Government officials in the United States and the United Kingdom have agreed to work together on new approaches to digital asset oversight.
On September 22, both countries announced the formation of a new joint task force to examine cryptocurrency regulation and innovation in financial markets.
The initiative, which will operate under the UK-US Financial Regulatory Working Group, has been named the Transatlantic Taskforce for Markets of the Future.
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Its main goal is to evaluate current regulatory policies and explore ways the two nations can cooperate in developing digital financial infrastructure. A report outlining their findings and suggestions is expected within six months.
As part of the task force’s work, officials stressed the importance of involving people from the crypto industry. They said the group will actively seek advice and insights from professionals working in the field to help shape relevant and practical recommendations.
A representative from Coinbase
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confirmed that Daniel Seifert, the company’s Vice President and Regional Managing Director for Europe, the Middle East, and Africa, took part in those discussions. Coinbase expressed its support for the new transatlantic partnership in a blog post published on September 22.
This decision follows a recent conversation between UK Chancellor Rachel Reeves and US Treasury Secretary Scott Bessent. According to a Financial Times article, the two met to discuss potential cooperation on cryptocurrency matters.
On September 18, the governments of the United States and the United Kingdom signed a memorandum of understanding (MOU). What does the MOU include? Read the full story.
