According to Reuters, the UK Treasury Department stated that the UK and US governments will establish a new agency to reduce regulatory barriers faced by companies when raising capital in the two countries' capital markets and to strengthen cooperation in the field of digital assets. The agency is called the "Transatlantic Taskforce for Markets of the Future" and will submit a report within 180 days, proposing recommendations to enhance short-term cooperation and exploring long-term collaboration plans, including areas such as institutional-level digital markets. To promote the development of its digital asset industry, the UK is attempting to align its cryptocurrency regulations with those of the United States.