Derived from CryptoSlate, a UK-US task force has launched a 180-day initiative to align Bitcoin and crypto product listings, custody, and disclosures across both markets. The effort, announced during a state visit and co-chaired by finance ministries and regulators, aims to reduce cross-border frictions in capital markets and digital assets, with recommendations expected by March 2026. The initiative includes cooperation on wholesale digital markets and a timeline for cross-listing pathways, leveraging U.S. generic listing standards to streamline the process for London. The U.S. rule change shortens the interval between filing and first trade, while UK reforms aim to streamline capital-raising and prospectus processes. A test case already exists in London, where the London Stock Exchange hosts crypto exchange-traded notes. The task force is expected to produce recognition notes, custody FAQs, and model disclosure annexes to facilitate faster listings and reduce operational drag.
UK and US Task Force to Align Crypto Standards in 6 Months
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