UK Trade Groups Demand Blockchain Integration in UK-US Tech Bridge Initiative

Trade associations across Britain ramp up pressure for distributed ledger technology to take center stage in transatlantic tech partnership.

Why Blockchain Matters

Industry leaders argue blockchain's immutable ledger capabilities could revolutionize cross-border trade documentation—cutting settlement times from days to minutes while bypassing traditional banking bottlenecks. The proposed framework would position London and New York as twin hubs for digital asset innovation.

Wall Street's Reluctant Dance

Despite institutional crypto adoption hitting record highs, traditional finance giants remain wary—perhaps because blockchain actually makes their 3% transaction fees look downright prehistoric. The tech bridge could force legacy players to either adapt or become expensive intermediaries in a world that no longer needs them.

This isn't just about technology—it's about who controls the plumbing of global finance. And for once, the UK might actually be ahead of the curve.

UK-US Tech Pact Pushed to Include Blockchain

Further, the Financial Times reported that the UK-US pact aims to foster partnerships in areas like AI and quantum computing, with TRUMP accompanied by tech leaders such as OpenAI’s Sam Altman and Nvidia’s Jensen Huang.

The UK has lagged behind the EU, the U.S., and parts of Asia in crypto regulation since former Prime Minister Rishi Sunak’s 2022 pledge to make the UK a crypto hub. The Financial Conduct Authority is developing crypto regulations, including for stablecoins and tokenization, with license applications expected next year. 

In March, Chancellor Rachel Reeves discussed coordinating crypto regulation with US Treasury Secretary Scott Bessent. A government spokesperson noted the UK and the US can be natural partners with trillion-dollar tech sectors, collaborating on AI, quantum, and cybersecurity, but declined to comment on specific announcements. 

The lobby groups cautioned that without coordinated action, UK firms risk facing fragmented regulations and reduced access to transatlantic markets.

Also Read: SCO Pushes for Blockchain and Digital Economy Integration