UK and US Forge Crypto Alliance—Banks Grumble as Borders Blur

Regulators play nice while Wall Street and the City of London scramble to stay relevant. Two financial giants—one mission: drag crypto kicking and screaming into the mainstream.

Behind the handshakes? A desperate bid to control what they couldn’t kill. Treasury teams on both sides now share playbooks—watch for coordinated rulebooks by Q3.

Bonus cynicism: Nothing unites old-money institutions like the fear of becoming obsolete. The ’collaboration’ smells suspiciously like a last-ditch power grab.

UK Finance Minister Announces US Collaboration to Promote Crypto Adoption

The cryptocurrency market has been embraced like never before in the United States throughout 2025. Indeed, US President Trump has brought forth the first true pro-crypto administration in the country’s history. Moreover, he has sought to transform its approach to regulation and seek a greater embrace of the asset class in the country.

Those efforts have been countered across the world, with their potential finally being understood on a global scale. Subsequently, the UK has announced it will collaborate with the US in an effort to boost cryptocurrency adoption, according to a CNBC report.

Britain published draft legislation for crypto regulation in the country. Moreover, it discussed its collaborative stance with the United States in relation to the asset class. Rachel Reeves noted that the nation’s proposals would make it a “world leader in digital assets.”

The new regulatory rules will see the UK crack down on “bad actors while supporting legitimate innovation.” Moreover, Reeves noted that a partnership with the Western nations is critical for the industry. “For the UK to be a world leader in digital assets,” international cooperation is vital,” she said. Altogether, 2025 should see both nations unveil groundbreaking regulatory standards that could catapult the industry to even greater relevance.