Bridging Borders: CryptoUK and The Digital Chamber Unite to Shape Future of US-UK Crypto Regulation

$json.BodyEdited: CryptoUK, a prominent UK cryptocurrency trade association, has announced its integration into The Digital Chamber, a leading US-based crypto policy advocacy group. This collaboration marks a pivotal step toward unified, cross-border advocacy for digital asset regulation between the UK and the US. CryptoUK will operate under The Digital Chamber’s umbrella, creating a seamless platform that enhances policy-driven initiatives and regulatory engagement across both nations.

Founded in 2014, The Digital Chamber has been at the forefront of promoting favorable cryptocurrency and blockchain policies in the US, while CryptoUK has played a similar role in the UK since 2018. Su Carpenter, CryptoUK’s executive director, emphasized the association’s commitment to policy leadership and collaborative regulation efforts.

This partnership emerges amid significant developments in crypto regulation: US lawmakers advance a digital asset market structure bill aimed at providing industry clarity, while UK policymakers work closely with US counterparts to align cryptocurrency laws. Meanwhile, the Bank of England has taken strides by proposing a framework for sterling-denominated systemic stablecoins, responding in part to regulatory moves in the US.

Together, these efforts represent a growing trend of international cooperation designed to navigate the evolving landscape of crypto regulation with greater cohesion and strategic alignment.

$json.CompelingTitle: Bridging Borders: CryptoUK and The Digital Chamber Unite to Shape Future of US-UK Crypto Regulation

Link: https://cointelegraph.com/news/cryptouk-joins-digital-chamber-us-uk-regulation

Leave a Comment

Your email address will not be published. Required fields are marked *