Close Menu
AsiaTokenFundAsiaTokenFund
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
What's Hot

Bitcoin Long-Term Holders Remain Steady As CDD Normalizes After False Alarm

July 13, 2025

XPR Network soars 34.5% – Assessing if this rally is built to last

July 13, 2025

Algorand (ALGO) Gains Momentum Amid Staking Launch and Technical Growth

July 13, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) YouTube LinkedIn
AsiaTokenFundAsiaTokenFund
ATF Capital
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
AsiaTokenFundAsiaTokenFund

New York and Bank of England collaborate to align global crypto regulations

0
By Aggregated - see source on January 14, 2025 Regulations
Share
Facebook Twitter LinkedIn Pinterest Email

The New York Department of Financial Services (NYDFS) has announced a partnership with the Bank of England (BOE) to launch an international regulatory initiative aimed at harmonizing crypto regulations, according to a Jan. 13 statement.

The program, known as the Transatlantic Regulatory Exchange (TRE), is designed to promote collaboration, share expertise, and align regulatory approaches for digital assets and emerging payment systems.

The TRE involves a staff exchange program that will begin in February. This program enables both organizations to leverage the expertise of their senior regulatory staff.

The program specifically targets professionals experienced in digital payments, distributed ledger technology, and digital assets, fostering cross-border knowledge sharing to enhance regulatory capabilities.

Participants will engage in this exchange for at least six months, with an option to extend up to a year, contingent on mutual agreement.

Upon completing their tenure, the appointees will return to their respective institutions to implement their newfound insights and enhance regulatory strategies for financial technologies.

NYDFS Superintendent Adrienne A. Harris highlighted the partnership’s significance, emphasizing its role in improving regulatory frameworks, fostering innovation, and safeguarding consumers.

She noted that strengthening ties between New York and London—the two financial hubs—is crucial for effective collaboration in a globally interconnected financial system.

Sarah Breeden, Deputy Governor for Financial Stability at the BOE, expressed enthusiasm for the initiative. She emphasized the value of shared learning in bolstering financial stability while supporting innovation in digital finance and payments.

This collaboration reflects the proactive efforts of both regulators to address the complexities of digital asset regulation. By pooling their expertise, the NYDFS and BOE aim to create a robust framework that ensures security, supports innovation, and clarifies the global financial ecosystem.

Credit: Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

XRP Price Forecast: Wall Street Quietly Buying Up XRP Ahead Of Predicted ETF Approval Explosion

July 12, 2025

XRP Could Hit $22 by December 2025? Top Analyst Says Soo!

July 12, 2025

XLM Price Breaks Out: Is $1.59 the Next Stop?

July 12, 2025
Leave A Reply Cancel Reply

What's New Here!

Bitcoin Long-Term Holders Remain Steady As CDD Normalizes After False Alarm

July 13, 2025

XPR Network soars 34.5% – Assessing if this rally is built to last

July 13, 2025

Algorand (ALGO) Gains Momentum Amid Staking Launch and Technical Growth

July 13, 2025

Cardano Price Explodes 30% In Past Week — Analyst Calls $5 Next Market Top

July 13, 2025
AsiaTokenFund
Facebook X (Twitter) LinkedIn YouTube
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
© 2025 asiatokenfund.com - All Rights Reserved!

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.