After Trump’s Visit Britain Set To Reduce Crypto Red Tape: US-UK Launch Transatlantic Task Force

The US President Donald Trump’s state visit to the UK may have captivated global attention, but the real story for the crypto world was a quiet but significant US-UK agreement to streamline transatlantic financial operations and crypto regulation.

The US and UK governments have announced a strategic partnership by creating a formal joint task force designed to reduce regulatory friction for firms seeking to access capital across markets. Importantly, the joint task force will coordinate the two countries’ approaches towards cryptocurrency oversight.

The task force was formed during Trump’s visit out of high-level talks between UK Chancellor Rachel Reeves and US Treasury Secretary Scott Bessent.

On 22 September 2025, the US Department of the Treasury (DoT) released a statement saying, “The purpose of the Taskforce is to explore options for short-to-medium term collaboration on digital assets while legislation and regulatory regimes are still developing, as well as options for long-term collaboration and additional opportunities for wholesale digital markets innovation.”

The UK and US are deeply linked with £1.2 trillion invested between us.

Today @SecScottBessent and I have established the Transatlantic Taskforce for Markets of the Future, enhancing collaboration on key topics such as capital markets and digital assets.https://t.co/gdtZFzMJXx

— Rachel Reeves (@RachelReevesMP) September 22, 2025

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US-UK Transatlantic Taskforce To Launch In 180 Days

According to the US DoT, “the Transatlantic Taskforce for Markets of the Future should report within 180 days.”

The taskforce will be co-chaired by officials from both the countries’ finance ministries. It will also see regulatory participation from entities like the Financial Conduct Authority (FCA) and the Securities and Exchange Commission (SEC). The first set of recommendations are expected to come within first 180 days.

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