Finance

UK, US Form Taskforce to Deepen Capital Markets and Crypto Ties

A CryptoCompare Digital Asset Summit in London.

Photographer: Luke MacGregor/Bloomberg

The UK and US will establish a taskforce designed to boost collaboration on capital markets and digital assets, part of a flurry of initiatives announced as part of President Donald Trump’s state visit to the UK last week.

The Transatlantic Taskforce for Markets of the Future will look at ways to reduce the burden on “UK and US firms raising capital cross-border,” the UK government said in a statement Monday. It will also explore “options for short-to-medium term collaboration on digital assets whilst legislation and regulatory regimes are still developing,” as well ways to co-operate over the longer term.