US and UK to Announce New Crypto Cooperation Deal

The US and UK are finalizing a landmark digital assets cooperation agreement, with formal announcements expected imminently. Chancellor Rachel Reeves and US Treasury Secretary Scott Bessent spearheaded discussions this week, aiming to align transatlantic approaches to cryptocurrency regulation and capital markets integration.

Industry pressure accelerated negotiations after crypto advocacy groups lobbied the UK government ahead of President Trump's state visit. The deal reportedly encompasses stablecoins - a sector where US firms have gained significant traction this year - alongside broader blockchain coordination.

This agreement marks a strategic pivot for both nations. The US has embraced crypto more openly since the TRUMP administration's return, with the SEC and Federal Reserve implementing clearer institutional guidelines. Meanwhile, the UK seeks to balance its historically cautious MiCA-aligned stance with new economic opportunities in digital assets.