Reeves and US counterpart Bessent meet finance chiefs
UK Chancellor Rachel Reeves and US Treasury Secretary Scott Bessent met with major financial and crypto firms to develop a joint regulatory framework focusing on stablecoins and digital assets.
- On September 16, 2025, at 11 Downing Street, UK finance chief Rachel Reeves met with her American counterpart Scott Bessent to discuss enhancing economic collaboration ahead of Donald Trump’s upcoming visit to the United Kingdom.
- The meeting followed ongoing concerns about Britain’s economic outlook, with investors rapidly selling UK shares and wealth creators leaving amid fears over upcoming tax rises and market instability.
- Senior representatives from major banks and fintech firms from both countries participated, including Citi, Bank of America, Barclays, Coinbase, and Ripple, while talks also addressed coordinating crypto regulation and digital asset innovation.
- A Bank of America survey found fund managers 20% underweight UK stocks, the largest downward shift since 2004, with investors described as "terrified" and viewing the UK increasingly as an "emerging economy."
- The discussions aim to deepen US-UK financial ties, increase American investment, and align crypto rules to foster innovation despite the UK’s cautious regulatory approach and a bleak fiscal outlook.
16 Articles
16 Articles

Reeves and US counterpart Bessent meet finance chiefs
Chancellor Rachel Reeves said they were delivering ‘investment and opportunity’ on both sides of the Atlantic.
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Is The US–UK Crypto Alliance A Turning Point For Stablecoin Regulation?
The US-UK crypto alliance is heating up, and industry insiders expect stablecoins to take centre stage. According to a Financial Times report published on September 16, 2025, this development occurred following a meeting between US Treasury Secretary Scott Bessant and Chancellor Rachel Reeves. Prominent firms such as Coinbase, Circle, and Ripple, along with banking giants including Citi, Bank of America, and Barclays, also attended the talks hel…
UK Looks to US to Adopt More Crypto-Friendly Approach – #CryptoUpdatesGNIT
The UK and US are reportedly preparing to deepen cooperation on digital assets, with Britain looking to copy the Trump administration’s crypto-friendly stance in a bid to boost innovation. UK Chancellor Rachel Reeves and US Treasury Secretary Scott Bessent discussed on Tuesday how the two nations could strengthen their coordination on crypto, the Financial Times reported on Tuesday, citing people familiar with the matter. The discussions also …
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