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UK and US in Talks on Crypto Cooperation Focused on Stablecoins

Reporting points to talks aimed at easing market access through coordinated crypto rules, with no formal agreement announced.

Overview

  • UK Chancellor Rachel Reeves met Tuesday with US Treasury Secretary Scott Bessent alongside executives from Coinbase, Circle, Ripple and major banks, according to the Financial Times.
  • Sources said the meeting was hastily arranged after industry groups pressed the UK to prioritize digital assets ahead of President Trump’s state visit.
  • Stablecoin policy was highlighted as the priority, with British officials seeing it as a route to improve UK access to highly liquid US markets.
  • Officials discussed early ideas for aligning capital‑market and digital‑asset rules to reduce friction for firms operating across both jurisdictions.
  • Details and commitments have not been published, and the topic is expected to feature in discussions between President Trump and Prime Minister Sir Keir Starmer later this week.