SEC Proposes Collaborative US-UK Crypto Regulatory Sandbox

Securities and Exchange Commission (SEC) Commissioner Hester Peirce has proposed a joint regulatory sandbox for cryptocurrencies, with a focus on fostering cross-border market integration between the United States and the UK. This initiative aims to streamline regulations for tokenized assets like Ethereum (ETH) and Bitcoin (BTC) by harmonizing approaches across both markets. 🗣️ 🇺🇸🇬🇧 Peirce emphasizes that clear regulatory frameworks are crucial for innovation, highlighting the need to bridge gaps in market integration stemming from divergent perspectives on financial reporting and other securities disclosures. 📈 📚