Upcoming UK – U.S. Financial Regulatory Working Group meeting follows discussions in Washington between the Chancellor and the US Treasury Secretary, Scott Bessent, where they discussed opportunities to support businesses to innovate on both sides of the Atlantic

Quotes that support claims

The UK Treasury's willingness to work with the U.S. government on supporting the digital assets sector comes after Reeves recently met with U.S. Treasury Secretary Scott Bessent in Washington D.C. where they discussed, in part, collaboration around digital assets regulation, according to the release.

Chancellor of the Exchequer Rachel Reeves discussed digital-asset regulation with US Treasury Secretary Scott Bessent earlier this month, she said in a speech at the Innovate Finance Global Summit on Tuesday. The two countries will hold more talks “to support the use and responsible growth of digital assets” at an upcoming meeting of the UK-US Financial Regulatory Working Group in June, she added.