Senior financial officials from the US and UK, including US Treasury Secretary Scott Bessent and UK Chancellor of the Exchequer Rachel Reeves, have announced the creation of the "Transatlantic Taskforce for the Markets of the Future," according to a statement released on Monday.
This initiative aims to develop global policy recommendations for the digital asset sector.
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The working group will explore both immediate and long-term collaborative initiatives and is expected to submit a report within 180 days detailing its findings on innovation in the crypto and digital asset market.
The initiative deepens collaboration with industry partners to ensure that policies open up opportunities for investors and businesses in both countries, representing a significant deepening of transatlantic financial cooperation.