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UK and US launch joint task force to tackle crypto regulation and boost capital markets

Chancellor of the Exchequer, Rachel Reeves (R), greets United States Secretary of the Treasury, Scott Bessent, outside 11, Downing Street on September 16, 2025 in London, England.
UK Chancellor, Rachel Reeves (R), greets US Secretary of the Treasury, Scott Bessent. Photo: Leon Neal/Getty Images

The Chancellor of the Exchequer and the US Treasury Secretary have set up a transatlantic taskforce on digital assets with aid of industry guidance.

The governments of the UK and the US have officially established a new, high-level Transatlantic Taskforce for Markets of the Future to deepen cooperation on digital asset regulation and cross-border capital market links. The joint initiative aims to harmonize policies for emerging financial technologies and reduce friction for businesses operating