The UK and US are looking to enhance collaboration on digital assets, following the Trump administration’s crypto-friendly approach. Discussions between UK Chancellor Rachel Reeves and US Treasury Secretary Scott Bessent included major crypto companies like Coinbase, Circle Internet Group, and Ripple, as well as executives from Bank of America, Barclays, and Citi.

A potential agreement between the UK and US may involve stablecoins, an area highlighted by President Trump. UK crypto advocacy groups criticized the Bank of England’s proposal to limit individual stablecoin holdings. 40% of surveyed UK crypto investors reported their banks either blocked or delayed payments to crypto providers, citing concerns over volatility, fraud, and scams.

UK adults are increasingly open to including crypto in their retirement funds, with 27% expressing interest for higher potential returns. A study by Aviva found that around 11.6 million people in the UK have held or currently hold crypto assets. Two-thirds of those respondents stated they still own crypto in some form.

Read more at Cointelegraph: UK Looks to US to Adopt More Crypto-Friendly Approach