This week, the UK and the US formed the Transatlantic Task Force for Markets of the Future to enhance regulatory cooperation on digital assets and capital markets during President Trump’s state visit. In Washington, 12 Senate Democrats urged Republicans to collaborate on a landmark market structure bill, highlighting the $4 trillion scale of the digital asset market. Lawmakers are pushing the SEC to open the $12.5 trillion 401(k) retirement market to crypto. The SEC is also preparing an “innovation exemption” to facilitate crypto firms’ product launches and accelerate the US’s global crypto hub ambitions.

US authorities are investigating suspicious trading activity related to corporate crypto treasury announcements, cautioning firms against selective disclosure. The Senate Finance Committee scheduled a hearing to discuss digital asset taxation with Coinbase executives and tax experts. The White House is considering new picks to lead the Commodity Futures Trading Commission. The CFTC is examining tokenized collateral and stablecoin integration in derivatives markets, recognizing stablecoins’ growing role in modern capital markets. The pace of change in crypto regulation highlights the need for coordination and bipartisan cooperation to keep up with innovation.

Read more at Yahoo Finance: U.S. & UK Drive Global Rules as SEC, CFTC Indicate Shakeup