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.