Breaking: UK and US Forge Crypto Alliance – Stablecoins Now in the Spotlight

The UK and the United States are preparing to announce closer cooperation on digital assets, with stablecoins expected to take center ￰3￱ move follows a meeting on Tuesday between Chancellor Rachel Reeves and ￰4￱ Secretary Scott Bessent, acc ording to the Financial ￰5￱ talks, held in London, brought together leading crypto firms such as Coinbase, Circle, and Ripple, alongside major banks including Citi, Bank of America, and ￰6￱ familiar with the discussions said the agreement was organized at short notice, prompted by letters from crypto industry groups urging the UK government to put digital assets on the agenda ahead of President Donald Trump’s state visit this ￰7￱ at Center of UK–U.

S. Talks on Capital Markets Alignment Stablecoins, digital tokens pegged to traditional currencies, are set to be a key element of the ￰8￱ officials believe that aligning rules with the ￰9￱ give UK companies greater access to the world’s deepest financial markets while drawing more American investment into the ￰10￱ to the Financial Times, the UK and ￰11￱ set to announce closer cooperation on digital assets, including stablecoins, following a meeting between Chancellor Rachel Reeves and Treasury Secretary Scott ￰12￱ governments are also developing a joint digital… — Wu Blockchain (@WuBlockchain) September 16, 2025 The push comes at a politically sensitive moment for Britain, amid concerns about London-listed companies moving to New York for higher valuations.

A closer partnership with Washington is seen as a way to counterbalance this trend and ensure the UK remains competitive in the financial services ￰13￱ Trump, the ￰14￱ taken an openly supportive stance toward digital assets, in contrast to the more cautious approach adopted by British ￰15￱ crypto companies have warned that this divergence risks leaving them at a disadvantage compared to ￰16￱ person familiar with Tuesday’s meeting said much of the conversation centered on aligning regulatory approaches for digital assets, with participants agreeing there was “a huge opportunity for the UK in digital assets” if cooperation with the ￰17￱ ￰18￱ also raised the issue of capital markets alignment, including digital assets, during a dinner last week with ￰19￱ Warren ￰20￱ officials expect regulatory alignment and digital asset cooperation to feature among the announcements tied to political talks between Trump and Prime Minister Sir Keir Starmer on ￰21￱ Chancellor George Osborne has warned that Britain risks being left behind unless it matches international ￰22￱ British finance minister @George_Osborne warns the UK is losing its crypto edge, slamming the Labour government and Bank of England for lagging behind global regulators. #BankofEngland #UKCrypto ￰0￱ — ￰23￱ (@cryptonews) August 4, 2025 In August, Osborne accused the government and the Bank of England of dragging their feet, comparing today’s moment to the “Big Bang” financial reforms of the ￰24￱ pointed to the U.

S., EU, Singapore, Hong Kong, and Abu Dhabi as regions moving faster to set clear rules for crypto and ￰25￱ the stablecoin focus, officials confirmed that work is underway on a joint ￰26￱ securities ￰27￱ initiative will allow companies to test blockchain applications in financial services, reflecting growing interest in real-world use cases for distributed ledger ￰28￱ we are delivering investment and opportunity for both our ￰29￱ was a pleasure to welcome @SecScottBessent to Downing Street ￰30￱ — Rachel Reeves (@RachelReevesMP) September 16, 2025 Reeves welcomed Bessent to Downing Street in a post on X, writing, “Together we are delivering investment and opportunity for both our countries.” Stablecoin Policy Divide Widens Across the Atlantic With New Rules and Proposals The debate over stablecoins continues to intensify on both sides of the Atlantic as policymakers, regulators, and industry leaders weigh the future of digital ￰31￱ July, UK Chancellor Rachel Reeves underlined the need for Britain’s capital markets to stay globally competitive, referencing ￰32￱ Commissioner Hester Peirce’s earlier call for a joint U.

S.-UK digital ￰33￱ a framework, she said, could allow regulators to monitor activity across both markets while giving firms the ability to serve them simultaneously. Meanwhile, the ￰34￱ seen rapid ￰35￱ became the first state to launch a government-backed stable token , while Congress passed the GENIUS Act , banning stablecoin issuers from paying direct ￰36￱ associations are pushing lawmakers to close what they call a loophole that could allow issuers to offer yield indirectly through exchanges, warning of potential risks to the ￰37￱ ￰38￱ groups seek to expand GENIUS Act limits on stablecoin interest, raising broader questions over global payments policy. #stablecoin #geniusact ￰1￱ — ￰39￱ (@cryptonews) August 13, 2025 Coinbase, however, disputes these claims, calling concerns over “deposit flight” a ￰40￱ has also announced plans for USA₮ , a U.

S.-regulated stablecoin backed by Anchorage Digital and Cantor Fitzgerald, in line with new federal rules. UK’s central bank wants to cap how much stablecoin people can hold, but crypto groups are fighting back, warning the move could choke innovation and leave Britain trailing rivals. #bankofengland #stablecoins ￰2￱ — ￰41￱ (@cryptonews) September 15, 2025 In the UK, momentum is building around regulation. A petition calling for a pro-innovation strategy for blockchain and stablecoins has surpassed 5,600 signatures after Coinbase urged its customers to ￰42￱ the same time, the Bank of England’s proposal to cap stablecoin holdings has drawn backlash from the industry, which warns that the plan risks stifling growth and undermining competitiveness.