CryptoUK, a British cryptocurrency trade group, introduced on December 10 that it will 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 america 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 rules for digital asset markets.
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On the identical time, regulatory authorities in the UK are creating their very own framework by collaborating with their American counterparts on crypto regulation.
Su Carpenter, govt director of CryptoUK, mentioned:
CryptoUK has at all times 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 may assist encourage extra consistency in crypto coverage. The Digital Chamber has robust ties with former US regulators and lawmakers, and this partnership might assist extra coordinated engagement with policymakers from each nations.
In the UK, this affiliation might strengthen CryptoUK’s means to affect the event of stablecoin requirements and digital asset coverage.
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