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[The UK and US Governments to Establish New "Future Markets Transatlantic Working Group"]
According to Reuters, the UK Treasury stated that the UK and US governments will establish a new agency to reduce regulatory barriers faced by businesses when raising capital in the two countries' markets and to strengthen cooperation in the field of digital assets. The agency is named the "Transatlantic Taskforce for Markets of the Future" and will submit a report within 180 days, offering recommendations to enhance short-term cooperation and exploring long-term collaboration plans, including areas such as institutional digital markets. To promote the development of its digital asset industry, the UK is attempting to align its crypto asset regulations with those of the US.