Unlocking Blockchain’s Potential: US-UK Crypto Pact Aims to Boost Economic Growth

A new collaboration between the US and UK on cryptocurrency oversight is being championed as a key to unlocking economic growth and innovation.

The partnership, discussed by top financial officials and industry leaders this week, aims to create a harmonious regulatory environment that allows blockchain technology to thrive.

Cassie Craddock of Ripple heralded the move, stating that “increased international collaboration… will further serve to unlock the full economic potential of blockchain technology in both countries.”

She pointed to the UK’s dynamic economy and deep capital markets as a foundation for it to become a “leading digital asset and innovation hub.”

By planning to integrate digital assets into the wider US-UK Tech Bridge, the two nations are working to ensure their financial centers remain competitive and do not cede ground to other global regions.