UK Trade Groups Urge Blockchain Inclusion in US Tech Agreement

According to PANews, ahead of U.S. President Donald Trump's visit to the United Kingdom next week, British trade groups are urging the government to incorporate blockchain technology into any tech innovation cooperation agreements signed with the United States. In a letter sent on Thursday to UK Business Secretary Peter Kyle, more than a dozen groups representing the finance, technology, and cryptocurrency sectors emphasized that distributed ledger technology should be a "core component" of the "UK-US tech bridge." The letter, jointly signed by representatives from the UK Cryptoassets Business Council, the Association of British Insurers, and TheCityUK, among others, stated, "Excluding digital assets from the UK-US tech bridge would be a missed opportunity. As other countries—particularly those in the Middle East and Asia—make progress in setting standards that will shape the future of finance, the UK risks being marginalized." The letter was also sent to Economic Secretary Lucy Rigby, whose office typically oversees government policy on cryptocurrency regulation. The correspondence highlighted that "stablecoins and asset tokenization are strategically important areas for both economies. Without coordinated action, UK businesses may face a fragmented regulatory environment, reduced access to transatlantic markets, and increased competitive pressures."