The United Kingdom (UK) and the United States (US) are reportedly poised to unveil a significant agreement aimed at fostering closer collaboration on cryptocurrencies, as disclosed on Tuesday by the Financial 0 And US Officials Meet To Discuss Crypto According to the Financial Times report , discussions surrounding this initiative took place today between UK Chancellor Rachel Reeves and US Treasury Secretary Scott 1 meeting featured representatives from major cryptocurrency firms such as Coinbase (COIN), Circle (CRCL), and Ripple, alongside banking giants like Citigroup, Bank of America, and 2 indicated that the agreement was arranged at the last minute, prompted by a letter from cryptocurrency industry groups urging the UK government to prioritize digital assets and blockchain in any new trade arrangements with the US, especially ahead of Trump’s upcoming state 3 to the proposed agreement is a focus on stablecoins which British officials believe could enhance access for UK companies to some of the world’s most liquid financial 4 Vision For Digital Asset Opportunities Participants of the meeting reportedly expressed a shared belief that closer cooperation between the UK and US could unlock substantial opportunities in the digital asset 5 had previously discussed the potential for aligning capital markets, including digital asset regulations, during a dinner with US Ambassador to London Warren Stephens, framing it as a key topic for Trump’s 6 officials anticipate that the collaborative efforts on capital market alignment will be highlighted in discussions between Trump and UK Prime Minister Sir Keir 7 Osborne, a former UK chancellor and current member of Coinbase’s global advisory council, recently warned in the Financial Times that the UK is lagging behind the US in its approach to 8 stated, “On crypto and stablecoins, as on too many other things, the hard truth is this: we’re being completely left behind.
It’s time to catch up.” Last year, SEC Commissioner Hester Peirce proposed a joint digital sandbox for the UK and US, which could enable regulators to access broader data in various contexts, facilitating easier entry into both 9 image from DALL-E, chart from 10
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