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UK and US Collaborate on Crypto Regulation Sandbox
Lisa Cameron, a former United Kingdom Member of Parliament and founder of the UK-US Crypto Alliance, has revealed that a collaborative 'sandbox' between the United States and the United Kingdom is in the works to align their crypto markets. Speaking at the UN City offices in Copenhagen, Denmark, Cameron expressed her organization's belief that this sandbox will emerge from ongoing discussions between the two nations. The UK-US Crypto Alliance is reportedly enthusiastic about this potential development.
Cameron explained that the UK-US Crypto Alliance reached this conclusion after engaging with U.S. Senators and members of the U.S. Securities and Exchange Commission’s (SEC) Crypto Task Force. She anticipates that the sandbox will address issues related to 'passporting' for crypto licenses between the UK and the US. Many organizations she has spoken to are seeking regulatory clarity that would enable such passporting, which could also benefit the European Union.
Crypto regulation is gaining traction in the UK, as evidenced by the Bank of England's recent consultation paper proposing a regulatory framework for stablecoins. This framework aims to regulate sterling-denominated 'systemic stablecoins' used in payments, similar to the US’s GENIUS Act. This development follows reports of a transatlantic task force established by treasury authorities in the US and UK to explore collaboration on digital assets. In September, both countries were reportedly preparing to deepen their cooperation on digital assets, with the UK considering adopting the Trump administration’s crypto-friendly stance. UK trade groups have also urged the government to include blockchain technology in the 'Tech Bridge' collaboration with the United States.
Cameron expressed concerns about the UK's urgency in addressing crypto regulation, warning of a 'window of opportunity' that could close if not acted upon swiftly. She noted that crypto regulation is not receiving the political priority it deserves, leading companies to consider relocating to other jurisdictions due to a perceived lack of support in the UK. Cameron emphasized that the assertive policy direction of the US has heightened the need for the UK to act quickly. With the US taking a clear stance on emerging frontier technologies, she believes the UK must respond promptly to remain competitive in the sector.
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💥GT Token’s Volatile Phase: A Glimpse into Its Future Potential💥
In the ever-dynamic world of cryptocurrencies, GT Token (GateToken) has recently caught traders’ and investors’ attention with its noticeable price swings. Over the past few days, GT has experienced a period of ups and downs, reflecting not only the broader market volatility but also the increasing interest and speculation surrounding the Gate.io ecosystem.
Currently, GT is navigating through a consolidation phase, where short-term fluctuations are testing both traders’ patience and long-term holders’ confidence. Such movements are not uncommon for utility tokens, especially when the market is in anticipation of major platform developments, upcoming launches, or exchange-wide updates. For many seasoned investors, this phase is seen as a healthy correction a potential setup for future momentum.
What makes GT Token stand out is its strong fundamental value within the Gate.io ecosystem. It plays a crucial role in trading fee discounts, exclusive access to token launches, and governance participation. These utilities give GT a real use-case foundation, making it more than just a speculative asset.
Looking ahead, the next few weeks could be pivotal for GT. With the broader crypto market showing signs of recovery and new projects launching through Gate Web3, GT Token could witness renewed buying pressure and positive sentiment. Analysts believe that if the overall market remains stable, GT might aim for a strong rebound, supported by organic ecosystem growth and increasing on-chain activity.
For investors, the key is to stay informed, remain patient, and focus on fundamentals rather than short-term volatility. GT Token’s journey ahead looks promising a reminder that in crypto, volatility often precedes opportunity.