CryptoUK Integrates with The Digital Chamber Amid Regulatory Development

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The Digital Chamber, a crypto advocacy group based in Washington, D.C., is extending its global reach through a new alliance with CryptoUK, the leading digital asset trade association in the United Kingdom.

This partnership comes as both nations actively work on shaping comprehensive regulatory frameworks for digital assets.

Under the agreement, CryptoUK’s team will operate under The Digital Chamber’s umbrella. Cody Carbone, CEO of The Digital Chamber, stated the move enhances their capacity to advocate for members on a global scale.

In the US, lawmakers are building on recent stablecoin legislation by developing a broader regulatory bill for the crypto industry. Federal agencies are now tasked with implementing the new stablecoin rules.

The UK is pursuing a phased regulatory strategy designed to establish the country as a global crypto hub, balancing this goal with consumer protection and financial stability.

Some observers have noted that the US may be gaining an edge in the competition to become the world’s leading crypto center.