US and UK Establish Transatlantic Task Force for Crypto and Capital Markets Collaboration
The United States and the United Kingdom have launched the Transatlantic Taskforce for Markets of the Future, a joint initiative aimed at strengthening cooperation in digital assets and capital markets. Announced following high-level talks between UK Chancellor Rachel Reeves and US Treasury Secretary Scott Bessent, the task force will explore regulatory alignment and cross-border capital-raising opportunities.
Focus areas include short-term cryptocurrency policy coordination and long-term innovation frameworks. The group is mandated to report within 180 days, signaling urgency as both nations seek to maintain competitive advantage in evolving financial markets. This collaboration comes amid accelerating global competition in digital asset regulation and infrastructure development.