Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The US and the UK have joined forces to streamline crypto regulations.

Specifically, the US Treasury Department and His Majesty’s Treasury plan to launch the Transatlantic Task Force for Markets of the Future – a joint effort to simplify cross-border investment.

While the US has made some progress on the crypto front during the Trump administration, the UK still lags behind.

Again, no country can incorporate crypto into mainstream finance without consistent global rules.

Could the transatlantic crypto task force finally succeed in setting a global standard for other nations?

And which are the best cryptocurrencies to buy ahead of this shift?

Let’s find out.

US and UK Collaborate to Align Digital Asset Regulations

The main goal of the Transatlantic Taskforce for Markets of the Future is to coordinate on crypto regulation, both now and in the future.

The task force, led by both treasury departments, will also work on expanding investment channels between the UK and US crypto markets.

The collaboration is expected to boost the adoption of tokenized assets, stablecoins, and ETFs by enhancing their credibility.

Source: Rachel Reeves via X

Industry experts see the initiative as a turning point for the crypto economy, which has long been troubled by fragmented rules.

The UK-US partnership is more than a bilateral relationship; it is a powerful force for progress. By working together, these two nations can lead the world in tokenization, driving innovation, growth, and financial inclusion. – Tom Duff Gordon, Vice President of International Policy at Coinbase

Go to Source to See Full Article
Author: Bogdan Patru

BTC NewswireAuthor posts

BTC Newswire Crypto News at your Fingertips

Comments are disabled.