CryptoUK merges into The Digital Chamber to promote the coordinated development of UK and US crypto regulations.

PANews reported on December 9th that, according to The Block, CryptoUK, the UK-based crypto industry association, has joined The Digital Chamber, a US-based crypto advocacy organization. The two organizations will share resources and strengthen cross-jurisdictional cooperation to support the development of UK and US crypto regulatory rules. Su Carpenter, Executive Director of CryptoUK, stated that this move comes at a crucial time for UK-US regulatory coordination and will have a broader impact on the industry. Currently, the US is pushing for detailed legislation on stablecoins, while the UK is adopting a phased regulatory strategy, aiming to become a global hub for crypto assets.