US & UK Unite to Shape Crypto Rules in New Task Force

US and UK Unite to Shape Global Crypto Rules in New Task Force

Written by Aaron S.,

Editor-In-Chief

Last Updated: September 23, 2025

Key Takeaways

The US and UK have formed a joint task force to explore crypto regulations and digital market collaboration;
Operating under the UK-US Financial Regulatory Working Group, the task force will publish a report within six months;
Industry professionals will be consulted throughout the process, with support from companies like Coinbase.

Don't miss out - BYDFi new user bonus is now LIVE! Join BYDFi & unlock up to $2,000 in rewards. Claim Bonus! 🎁

BITDEGREE IN YOUR SOCIAL FEED

Government officials in the United States and the United Kingdom have agreed to work together on new approaches to digital asset oversight.

On September 22, both countries announced the formation of a new joint task force to examine cryptocurrency regulation and innovation in financial markets.

The initiative, which will operate under the UK-US Financial Regulatory Working Group, has been named the Transatlantic Taskforce for Markets of the Future.

How to Trade NFTs Safely? (Animated Explainer For Beginners)

Did you know?

Want to get smarter & wealthier with crypto?

Subscribe - We publish new crypto explainer videos every week!

Its main goal is to evaluate current regulatory policies and explore ways the two nations can cooperate in developing digital financial infrastructure. A report outlining their findings and suggestions is expected within six months.

As part of the task force’s work, officials stressed the importance of involving people from the crypto industry. They said the group will actively seek advice and insights from professionals working in the field to help shape relevant and practical recommendations.

A representative from Coinbase $2.41B confirmed that Daniel Seifert, the company's Vice President and Regional Managing Director for Europe, the Middle East, and Africa, took part in those discussions. Coinbase expressed its support for the new transatlantic partnership in a blog post published on September 22.

This decision follows a recent conversation between UK Chancellor Rachel Reeves and US Treasury Secretary Scott Bessent. According to a Financial Times article, the two met to discuss potential cooperation on cryptocurrency matters.

On September 18, the governments of the United States and the United Kingdom signed a memorandum of understanding (MOU). What does the MOU include? Read the full story.