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Why Ripple’s XRP Could Benefit Heavily From The US-UK Transatlantic Task Force

by admin September 30, 2025

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Crypto pundit Amelie has highlighted how XRP, which has ties to Ripple, could benefit from the US-UK crypto collaboration. Community members continue to make a strong case for the altcoin’s utility even amid increased competition in the crypto space.

How Ripple’s XRP Will Benefit From US-UK Crypto Deal

In an X post, Amelie indicated that the move will be huge for XRP, as the US and the UK will look to align on stablecoins, tokenization, and cross-border market access. This came as the Pundit noted that Ripple’s Managing Director, Cassie Craddock, stated that the US-UK Transatlantic Taskforce will lead to closer cooperation between the two countries on digital assets.

Notably, stablecoins, tokenization, and cross-border market access are areas where Ripple is focusing on using the XRP Ledger (XRPL) and XRP. The crypto firm recently released the next phase of its roadmap towards achieving its goals.

Meanwhile, Craddock had also mentioned that given its major presence in the UK, Ripple is well-placed to leverage its strong transatlantic footprint to drive further US-UK tech innovation, which is a positive for XRP. She added that they are looking forward to contributing to the task force’s work.

XRP community members continue to present compelling narratives for XRP, with the altcoin expected to gain wider adoption as Ripple advances. Crypto pundit Xaif Crypto highlighted the views of market expert Jeff Booth on how Ripple will replicate traditional banking with XRP.

However, Ripple and XRP could face significant competition from SWIFT, which plans to integrate blockchain technology into its operations. The firm yesterday unveiled its blockchain-based ledger in collaboration with over 30 major financial institutions.

What XRP’s Appeal Is

In an X post, pro-XRP lawyer Bill Morgan stated that XRP’s appeal lies in its decentralized, permissionless, and sanction-resistant neutrality. He added that it is funny that XRP has been called a bank for years, but now, SWIFT’s blockchain is being built in partnership with several banks.

Morgan’s comment followed a statement by Anodos Finance co-founder, pressing Ripple CEO Brad Garlinghouse to make another comment on SWIFT following recent developments. In 2018, the Ripple CEO described SWIFT’s infrastructure as outdated, noting that the platform’s messaging isn’t tied to settlement and that it cannot address liquidity issues.

Meanwhile, XRP community member Vet also commented on the latest move from SWIFT. He indicated that Ripple and XRP still have the upper hand because permissioned ledgers lack what makes blockchains like the XRP Ledger special. He explained that they are public, decentralized, and neutral. As such, Ripple, using XRPL and XRP, could gain more trust than SWIFT if the latter proceeds with this permissioned ledger.

At the time of writing, the XRP price is trading at around $2.8, up in the last 24 hours, according to data from CoinMarketCap.

XRP trading at $2.87 on the 1D chart | Source: XRPUSDT on Tradingview.com

Featured image from iStock, chart from Tradingview.com

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September 30, 2025 0 comments

Crypto Trends

UK and US Joint Task Force for Digital Asset Regulation

by admin September 23, 2025

On September 22, 2025, the United Kingdom and the United States announced the formation of the “Transatlantic Taskforce for Markets of the Future.” The initiative, led by UK Chancellor Rachel Reeves and US Commerce Secretary Scott Bessent, aims to increase collaboration on key financial topics, with a specific focus on digital assets. The move signals a potential step toward a unified Anglo-American regulatory approach for the crypto industry.

UK-US corridor

The task force was unveiled in an official announcement by Chancellor Reeves. Its stated goals are to enhance collaboration on capital markets and digital assets, according to a government press release. This partnership builds on an existing financial relationship valued at £1.2 trillion in mutual investment.

The UK and US are deeply linked with £1.2 trillion invested between us.

Today @SecScottBessent and I have established the Transatlantic Taskforce for Markets of the Future, enhancing collaboration on key topics such as capital markets and digital assets.https://t.co/gdtZFzMJXx

— Rachel Reeves (@RachelReevesMP) September 22, 2025

While specific details on the task force’s agenda remain limited, the explicit inclusion of “digital assets” represents an advance in their relation. The collaboration can be motivated by a desire to create a more attractive and streamlined regulatory environment for crypto businesses, as well as grow the capital market the relation between the UK-US.

Europe’s regulatory dominance

A unified UK-US regulatory framework can present a challenge to the European Union’s Markets in Crypto-Assets (MiCA) regulation, which is currently the most comprehensive crypto framework globally. This partnership can intensify “regulatory arbitrage,” where crypto firms select where they want to act based on the place that seems more favorable. If the UK and US align their policies, they could create a necessary regulatory bloc capable of shifting the industry’s center of gravity away from the EU.

The establishment of the UK-US task force is an important diplomatic partnership; it represents a potential first move in reshaping global cryptocurrency policy. Industry participants and policymakers will now be closely watching for the task force’s first whitepapers and policy recommendations. The initiative can mark the beginning of a new, two-bloc era in global crypto regulation.

Also read: UK Crypto Petition Backed by Coinbase Passes 5,000 Signatures

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September 23, 2025 0 comments

Crypto Trends

U.S., U.K. Form Task Force to Align on Crypto and Capital Markets

by admin September 22, 2025

The U.S. and U.K. have established a joint Transatlantic Taskforce aimed at strengthening cooperation on capital markets and digital assets.

The task force, announced on Sep. 22 by U.K. Chancellor of the Exchequer Rachel Reeves and U.S. Treasury Secretary Scott Bessent, will bring together officials from HM Treasury, the U.S. Treasury and market regulators across both jurisdictions.

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 existing U.K.–U.S. Financial Regulatory Working Group, delivering recommendations shaped in close consultation with private industry, the release said.

“London and New York remain the twin pillars of global finance,” Reeves said, adding that closer alignment is essential as technology reshapes markets. Bessent echoed that sentiment during a Downing Street roundtable, calling the initiative a commitment to ensuring innovation in financial markets “does not stop at borders.”

Crypto at the forefront

While the task force’s remit spans traditional capital markets, digital assets are expected 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 advancing wholesale digital market infrastructure.

“With the creation of a joint U.K.-U.S. task force on capital markets and digital assets, we can expect meaningful developments on both sides of the Atlantic,” Mark Aruliah, head of EMEA policy and regulatory affairs at Elliptic, said in an email.

While noting that the U.S. has “set the pace with a pro-innovation agenda,” Aruliah suggested the task force “signals a strong intent to close that gap and position the U.K. more competitively.”

More broadly, the firm described the collaboration as a validation of the digital assets industry itself: “Structured collaboration of this kind will strengthen a shared commitment to higher standards of transparency and accountability, and may establish a global benchmark if other jurisdictions follow suit.”

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September 22, 2025 0 comments

Crypto Trends

US, UK Authorities to Form Digital Asset Task Force

by admin September 22, 2025

Treasury authorities in the US and UK have announced the formation of a transatlantic task force to explore “short-to-medium term collaboration on digital assets.”

In Monday notices, the US Treasury Department and HM Treasury said the cross-country effort, taking place through the already established UK-US Financial Regulatory Working Group, would release a report with recommendations within 180 days.

The new task force, called the Transatlantic Taskforce for Markets of the Future, will consider crypto laws and regulations as well as how the two countries can collaborate on “wholesale digital markets innovation.”

Source: UK Chancellor of the Exchequer Rachel Reeves

The announcement follows a Financial Times report on a meeting last week between UK Chancellor Rachel Reeves and US Treasury Secretary Scott Bessent on how the two countries could work together on crypto regulation.

The discussion reportedly included representatives from several cryptocurrency companies. At the same time, the task force said on Monday that it should “seek input from leading industry experts to ensure that its recommendations are informed by what matters most to industry.”

The US Treasury did not explicitly state whether the task force formation was related to any crypto-related legislation in Congress, such as the law to establish a framework for payment stablecoins, the GENIUS Act. Under the bill, signed into law in July, the US Treasury Department is required to draft regulations with the Federal Reserve before implementation.

Related: Democrats signal support for bipartisan solution to market structure bill

Cryptocurrency exchange Coinbase shared the US-UK announcement on its blog on Monday, saying it was “proud” to support the partnership. Daniel Seifert, the exchange’s vice president and regional managing director for Europe, the Middle East and Africa, was present in the discussions between Reeves and Bessent, according to a spokesperson for Coinbase.

Similar approaches to crypto regulation?

The US and UK have both taken steps to address regulatory issues affecting digital assets and companies handling them in 2025. UK Prime Minister Keir Starmer met with US President Donald Trump last week, signing a memorandum of understanding to explore the development of technologies, including artificial intelligence, though the deal is not legally binding.

While the UK Treasury under Reeves said in April that it would focus on crypto rules to “support innovation while cracking down on fraudsters,” the US side under Bessent has pushed an approach that suggests scaling back on regulation.

The US Treasury Secretary said in August that the department would explore “budget-neutral pathways” to acquire Bitcoin (BTC) as part of the US government’s crypto reserve plans.

Magazine: Hayes tips ‘up only’ for crypto, ETH staking exit queue concerns: Hodler’s Digest, Sept. 14 – 20

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September 22, 2025 0 comments

GameFi Guides

SEC’s Crypto Task Force Meets with SIFMA to Discuss Regulations

by admin September 12, 2025

The U.S. Securities and Exchange Commission (SEC)’s Crypto Task Force met with representatives of the Securities Industry and Financial Markets Association (SIFMA). In the September 10 meeting, they discussed issues related to regulations of tokenized securities.

According to the memo released by the SEC, SIFMA had requested the meeting on August 7 to discuss seven major agenda items, most importantly, protecting investors and maintaining market integrity in tokenized securities markets. It pointed out the good things about the way the U.S. market works now and why it should be used as a model for new operating frameworks.

There were 20 people at the meeting, 12 of whom were staff members from the SEC’s Crypto Task Force and the others were from SIFMA. Among the attendees were Ken Bentsen, President and CEO of SIFMA, Joe Seidel, COO of SIFMA, and Peter Ryan, Managing Director and Head of International Capital Markets and Strategic Initiatives.

Among other things discussed was the topic of designing an innovation exemption. This included outlining the key considerations for creating a regulatory sandbox framework to test tokenization models within defined limits. Furthermore, looking for ways to innovate within the existing rules, finding chances to try new things and use them within the current regulatory framework.

SIFMA stressed that tokenized securities should still be treated as securities and that any blockchain-based model should keep custody protections, functional separation, and clear ownership rights.

SEC continues to work for better regulations

In August, the Crypto Task Force had a number of meetings with representatives of Kraken, one of the country’s largest crypto exchanges, to discuss the future of digital finance: tokenization and staking.

Furthermore, in early September, the task force also had a meeting with representatives from Robinhood Markets, Inc., its crypto and brokerage affiliates, and outside counsel from Simpson Thacher & Bartlett LLP. The main topic of conversation was Robinhood’s crypto asset-related services and the growing debate over tokenizing traditional securities.

Also Read: SEC Engages BitGo on “Project Crypto” to Modernize Regulation

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September 12, 2025 0 comments

NFT Gaming

SEC announces cross-border task force to combat fraud

by admin September 6, 2025

The Securities and Exchange Commission has formed a new cross-border task force to combat transnational fraud, including pump-and-dump schemes.

Summary

SEC says the task force will help combat transnational fraud, including market manipulation.
As well as companies, the task force will go after intermediaries and gatekeepers.

The United States Securities and Exchange Commission will take the fight against fraud to foreign-based companies with a new cross-border task force, the agency said in a press release.

The SEC’s Cross-Border Task Force, the securities watchdog said on Friday, will initially focus on investigating potential violations of U.S. federal securities laws by offshore companies. Areas of attention will include market manipulation, with the SEC noting aspects such as “pump-and-dump” schemes.

Regulators, including the U.S. Commodity Futures Trading Commission, have repeatedly advised investors and market participants, including those in the crypto space, to be cautious about potential pump-and-dump schemes.

Pump-and-dump schemes in crypto

Across the ecosystem, pump-and-dump scams involve thinly-traded altcoins and meme tokens, often by insiders or malicious actors that artificially inflate prices, heavily promote the projects or tokens before dumping on unsuspecting buyers.

Retail users are the biggest victims of the deceptive actions that precede collapses.

While investors must conduct due diligence and remain wary of hype, the SEC says its task force, aimed at strengthening and enhancing the Division of Enforcement’s efforts, will go after entities and individuals whose fraudulent activities harm U.S. investors.

In addition to pump-and-dump schemes, the task force will focus on gatekeepers, including auditors and underwriters, whose efforts make it possible for bad actors to access U.S. capital markets.

“We welcome companies from around the world seeking access to the U.S. capital markets,” SEC chair Paul Atkins said. “But we will not tolerate bad actors – whether companies, intermediaries, gatekeepers or exploitative traders – that attempt to use international borders to frustrate and avoid U.S. investor protections. This new task force will consolidate SEC investigative efforts and allow the SEC to use every available tool to combat transnational fraud.”

Staff across the agency will collaborate to support the initiative, Atkins added, with the Commission welcoming recommendations of other actions that can enhance protection for U.S. investors. The SEC chair said the regulator will weigh actions such as new disclosure guidance and necessary rule changes.

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September 6, 2025 0 comments

GameFi Guides

SEC Crypto Task Force And Kraken Discuss Asset Tokenization

by admin August 27, 2025

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The US Securities and Exchange Commission’s staff and crypto exchange Kraken recently discussed various issues related to the tokenization of traditional assets and the regulatory framework for these assets.

Kraken Meets With Crypto Task Force

On Monday, Kraken and the US SEC Crypto Task Force’s staff met to discuss the tokenization of traditional assets and a potential tokenized trading system in the US. The Commission’s staff had a meeting with representatives from Payward, Inc., Kraken Securities LLC, and law firm Wilmer Cutler Pickering Hale and Dorr LLP.

According to the SEC’s memorandum, the agenda included approaches to address issues related to the regulation of crypto assets and the legal and regulatory framework for operating a tokenized trading system.

Notably, the topics also included an outline of the core components of the proposed tokenized trading system’s architecture, addressing potentially relevant provisions under the federal securities laws, examining how the SEC can provide regulatory clarity and facilitate innovation, and discussing the benefits of tokenization.

The reunion follows the crypto exchange’s interest in launching tokenized stocks of popular equities outside of the US. In May, Kraken announced its plan to allow non-US customers to trade a tokenized version of popular equities, offering over 50 stocks and Exchange-Traded Funds (ETFs), like Apple, Tesla, and Nvidia.

Kraken’s tokenized equities enable users in Europe, Latin America, Africa, and Asia to invest in US stocks even when the US stock market is closed, with lower trading costs and faster settlement.

Similarly, Coinbase is seeking the SEC’s approval to offer tokenized stocks to its customers. In June, Coinbase’s Chief Legal Officer (CLO), Paul Grewal, told Reuters that the emerging sector is a “huge priority” for the crypto exchange.

Nonetheless, Coinbase would need to be granted a “no action letter” or exemptive relief from the Commission, as typically, companies that offer trading in securities must be registered as broker-dealers under the securities regulator.

“With a no-action letter, an issuer of a tokenized equity or a platform that wishes to offer secondary trading in those equities can have some confidence, some comfort, that the SEC has adopted its view of why this product is compliant,” Grewal stated, noting that, “it’s that confidence that has been lacking so far, and I think really held back a lot of the institutional adoption” of crypto and blockchain technology.

Industry Concerns For Tokenized Equities

Kraken’s push for regulatory clarity regarding tokenized stocks also follows recent concerns from the world’s biggest stock exchanges. On August 25, Reuters reported that the World Federation of Exchanges (WFE) called on securities regulators to crack down on tokenized equities, arguing that the blockchain-based tokens “create new risks for investors and could harm market integrity.”

The letter was reportedly sent to the SEC’s Crypto Task Force, the European Securities and Markets Authority (ESMA), and global securities watchdog IOSCO’s Fintech Task Force on August 22. The coalition expressed its concerns that these tokens “mimic” equities without providing the same rights or trading safeguards.

Earlier this year, the World Economic Forum outlined some of the major challenges for tokenized equities adoption, including the lack of sufficient secondary-market liquidity and a clear global standard.

“We are alarmed at the plethora of brokers and crypto-trading platforms offering or intending to offer so-called tokenised U.S. stocks,” the WFE wrote in the recent letter, suggesting that issuers of stock could suffer reputational damage if the tokens fail.

The WFE urged regulators to apply securities rules to tokenized assets, clarify legal frameworks for ownership and custody, and prevent them from being marketed as equivalent to stocks.

Bitcoin (BTC) trades at $110,337 in the one-week chart. Source: BTCUSDT on TradingView

Featured Image from NBC News, Chart from TradingView.com

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August 27, 2025 0 comments

Closeup of the new Copilot key coming to Windows 11 PC keyboards

Gaming Gear

Microsoft launches Copilot AI function in Excel, but warns not to use it in ‘any task requiring accuracy or reproducibility’

by admin August 23, 2025

Certain Windows 365 Copilot users now have access to a new feature in Excel that lets you use Microsoft’s Copilot AI to generate formulas, but you might want to be careful how you use it. Microsoft is already warning users that the AI might not always be accurate.

The new “COPILOT” function allows you to skip writing Excel formulas yourself by telling Copilot what you want to do and the cells you want to use. For instance, you could type in “=COPILOT(“Summarize this feedback”, A2:A20)” to have Copilot generate a formula that summarizes the content in a column of cells. The examples Microsoft suggests in the support page for the COPILOT function focus on classifying, summarizing, and generating content.

However, Microsoft specifically warns not to use it for “any task requiring accuracy or reproducibility,” like numerical calculations. Microsoft also advises against using the feature for “financial reporting, legal documents, or other high-stakes scenarios,” so basically most of the things people turn to Excel for.

Much like with other generative AI tools, if you’re using the COPILOT function, you need to keep an eye out for the AI hallucinating strange results or misunderstanding your prompts, which of course calls its basic utility into question.

Aside from accuracy, privacy is also an obvious concern here. Microsoft says in the announcement blog post that “Your data sent through the COPILOT function is never used to train or improve the AI models. The information you input remains confidential and is used solely to generate your requested output.”

This is still a beta feature, so Microsoft is still refining it with the help of user feedback and it isn’t widely available yet. Right now, it’s only available to Microsoft 365 Copilot Beta Channel users. Functionality is also somewhat limited even beyond the accuracy concerns—the COPILOT function is currently maxed out at 100 calls per 10 minutes or 300 calls per hour. It can’t access “live web data or internal business documents,” either.

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August 23, 2025 0 comments