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US and Britain split over crypto collaboration, sources say
British and U.S. regulators are divided over how to test blockchain-based versions of financial securities, with Britain pushing for a more cautious approach in talks aimed at boosting crypto collaboration, sources said. The U.S. and Britain announced in September a taskforce for reducing regulation for companies seeking to access each other’s markets and to improve digital asset cooperation. The split shows how financial regulators globally have to contend with a pro-crypto U.S. under President Donald Trump. The U.S. has eased crypto regulation and encouraged cryptocurrency adoption. Britain also wants to expand ... (full story)
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