Cryptopolitan
2025-12-09 17:30:41

CryptoUK joins U.S. powerhouse to build global crypto policy bloc

CryptoUK, the United Kingdom’s leading digital-asset trade association, has joined The Digital Chamber (TDC), the largest digital asset and blockchain trade association in the US, as part of an expanded global policy network. The two are set to create a unified, cross-border advocacy platform. According to the announcement , the two will create a formal agreement that will give them authority to advocate for responsible regulation that enables global blockchain and digital asset innovation to thrive while protecting consumers’ access to digital assets. Cody Carbone, CEO of the Digital Chamber, stated, “We are proud to welcome CryptoUK under The Digital Chamber umbrella. This move strengthens our ability to champion the work our members are building and to advocate for them across global markets.” CryptoUK says that both organizations are like-minded This move follows TDC’s State Network launch in November. This was part of its efforts to push for digital asset policies in state and local government, with a part of their goal to boost pro-crypto candidates at every level of government as the 2026 midterm races take shape. According to Cody Carbone, effective digital asset policy requires borderless coordination, looking for opportunities in all governments and markets. “CryptoUK is a proven leading voice in the UK, and we are excited to create such a strong bond to expand our global policy expertise.” On the other hand, CryptoUK’s Executive Director, Su Carpenter, said both organizations are like-minded with shared objectives and approaches. “This move will strengthen both organisations by enabling cross-jurisdictional knowledge sharing and access to broader resources. At a critical time for UK-US regulatory coordination, we see this as an important step forward for our members and the wider digital asset industry,” he added. However, the US and the UK are at different places in terms of regulations. In the US, lawmakers are continuing to work on a bill to regulate the crypto industry after passing legislation regulating stablecoins over the summer. Federal regulators are now focused on implementing regulations for stablecoins. On the other hand, the UK has adopted a phased approach to crypto regulation, aiming to position itself as a global hub for digital assets while also prioritizing consumer protection and financial stability. Meanwhile, the industry has added several new advocacy groups, including the Solana Policy Institute, Ripple-backed National Cryptocurrency Association, and, most recently, the American Innovation Project. UK initiative to catch up to the US in terms of stablecoin regulation Market watchers have recently argued that the US is pulling ahead of the UK in the race to become a leading crypto center. But Bank of England Deputy Governor Sarah Breeden said that the country aims to catch up to the US in terms of stablecoin regulation. She also said new rules will be operational just as quickly as in the US. This has been proven by last week’s milestone. As reported by Cryptopolitan, the Property Act 2025 received royal assent from King Charles III, legally recognizing digital assets as a form of property. The short bill passed both houses of Parliament without amendment. It confirms that digital holdings such as bitcoin and stablecoins can be the subject of property rights distinct from traditional categories of physical objects or contractual rights. CryptoUK reacted, saying, “This gives digital assets a much clearer legal footing — especially for things like proving ownership, recovering stolen assets, and handling them in insolvency or estate cases.” The UK’s Financial Conduct Authority (FCA) announced that it is establishing a new group of stablecoin issuers within its Regulatory Sandbox. The FCA calls this “a unique chance for innovative companies to test their stablecoin products and services under the UK’s evolving regulatory regime.” As part of this effort, companies that want to create pound-backed stablecoins under the FCA’s future rules for stablecoin issuers will be able to do so in a controlled setting with the regulator’s supervision. Companies interested in joining the sandbox cohort must submit their applications by January 18, 2026. They will need to include a thorough test plan and proof that they are ready to start testing. The FCA stated that after the review process is completed next year, it will publish a public list of cleared applicants. Get up to $30,050 in trading rewards when you join Bybit today

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