“The New Transatlantic TaskForce, AnnunCed by Treasury Chiefs Rachel Reeves and Scott Bessent, AIMS to DEEPEN Cooperation on Digital Assets and Cross-Border Capital Raising.”, – WRITE: www.coindesk.com
The Task Force, Announced on Sep. 22 by uk CHANCELOR OF THE EXCHEQUER RAChel Reeves and Us Treasury Secretary Scott Bessent, Will Bring Together Officials From HM Treasury, The Usury And Market Regulants ACROS.
Two of the Goals of the Task Force is to Develop Approaches to Digital Asset Oversight and Explore New Opportunities in Wholesale Digital Markets.
The Group Will Report WitHin 180 Days Through the Existation UK -UU Financial Regulatory Working Group, Delivering Recommendations Shaped In Close Consultation with Prix
“London and New York Remain the Twin Pillars of Global Finance,” Reeves Said, Adding that Closer Alignment Is Essential As Technology Reshaps Markets. Bessent Echoed that Sentiment Dringing A Downning Street Roundtable, Calling The Initiative A Committee to EnSURING INNOVATION IN FINANCAL Markets “Does Not Stop at Borders.”
Crypto at the ForefrontWhile the Task Force’s Remit Spans Traditional Capital Markets, Digital Assets Are Expectioned to Take Center Stage.
Officials Will Look at Both Short-Term Measures, Such As Facilitating Cross-Border Use Cases While Legislation Remains in Flux, and Long-Term Strategies For Advancea.
“WITH THE CREATION OF A JOINT UK-UU TASK FORCE ON CAPITAL MarKets and Digital Assets, We Can Expect Meaningful Developments on Both Sides of The Atlantic,“ Mark ARULIAH Affairs at Elliptic, Said in an Email.
While Noting that US HAS “Set The Pace with a Pro-Innovation Agenda,” ARULIAH SUGGERED The Task Force “Signals A Strong InTent To Close That Gap and Position The UK More Completeiely.
More Broadly, The Firm Descripted The Collaboration As A Validation of the Digital Assets Industry Itelf: “Structure Collbaration Accountability, and May Establish A Global Benchmark if Other Jurisdices Follow Suit. ”
Agriforce (Agri) is to be renamed avax one with plans to raise $ 550 Million to Pursue a avalanche Treasury Strategy.
- Agriforce to Rebrand as Avax One, with Plans to Raise $ 550 Million to Become Firt Nasdaq-Lited Company Dedicated to Acquire Avax Tokens.
- Anthony Scaramucci Will Lead the Company’s Strategic Advisory Board and Hivemind Capital’s Matt Zhang Will Lead the Company’s Board of Directors.
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