CryptoUK, a British cryptocurrency trade group, introduced on December 10 that it’s going to turn out to be an affiliate of the Digital Chamber, a US crypto coverage advocacy group.
The Digital Chamber has supported digital asset insurance policies in the US since 2014, whereas CryptoUK has represented crypto trade pursuits in the UK since its founding in 2018.
This affiliation arrives as US lawmakers advance a legislative proposal meant to create clearer laws for digital asset markets.
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On the identical time, regulatory authorities in the UK are growing their very own framework by collaborating with their American counterparts on crypto regulation.
Su Carpenter, govt director of CryptoUK, mentioned:
CryptoUK has all the time aspired to make sure we’re pushed by policy-led points, member collaboration, and regulatory engagement.
Aligning advocacy efforts throughout each side of the Atlantic might assist encourage extra consistency in crypto coverage. The Digital Chamber has sturdy ties with former US regulators and lawmakers, and this partnership could help extra coordinated engagement with policymakers from each nations.
In the UK, this affiliation could strengthen CryptoUK’s skill to affect the event of stablecoin requirements and digital asset coverage.
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