US and UK Launch Crypto Regulation Task Force, Demand Report in 180 Days

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In a major move to align their approaches to digital finance, the US and UK have launched a joint task force focused on crypto regulation.

Led by Treasury Secretary Scott Bessent and Chancellor Rachel Reeves, the “Transatlantic Taskforce for the Markets of the Future” has a clear deadline: deliver a report with policy recommendations in six months.

The group will focus on enhancing collaboration on capital markets and digital assets, working directly with major industry players like Coinbase, Circle, and Ripple to shape rules that support innovation and protect market participants on both sides of the Atlantic.