UK and US establish working group to promote cooperation between capital markets and digital assets

According to Odaily Planet Daily, the UK and the US will establish a working group to strengthen cooperation in capital markets and digital assets. This is one of a series of initiatives announced during President Donald Trump's state visit to the UK last week. The "Transatlantic Future Markets Working Group" will explore ways to reduce the burden of cross-border financing for UK and US companies, the UK government said in a statement on Monday. The working group will also study "short- and medium-term digital asset cooperation options" while the relevant legislative and regulatory systems are still being developed, while exploring long-term cooperation paths. (Jinshi)