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UK business leaders urge blockchain inclusion in UK–US Tech Bridge, highlighting stablecoins, tokenization, and risks of falling behind globally. Business leaders in the UK have called for blockchain to be included in the UK–US Tech Bridge agreement. They want trade and innovation to benefit from distributed ledger technology. In a recent letter to the UK Business Secretary, Peter Kyle, a number of groups emphasise the importance of stablecoins and tokenization: They think these technologies are strategic for the UK and the United States. Otherwise, the UK might lag in establishing financial standards. Industry Leaders Warn UK Risks Falling Behind on Digital Finance According to Bloomberg, the letter was signed by dozens of groups, including the UK Cryptoasset Businesses Council, UK Finance, and CityUK. They argued that excluding the digital assets from the Tech Bridge would be a lost opportunity. Meanwhile, Asia and the Middle East are making rapid progress in terms of defining rules for digital finance. Related Reading: Bitpanda Launches in UK, Partners with Arsenal to Expand Crypto Reach | Live Bitcoin News Therefore, the groups feel the UK needs to take action now. Furthermore, they said blockchain strategies should be a core thread of the work of the Tech Bridge. They request harmonised standards between the UK and the US under that framework. Also, there were many use cases for blockchain as described by the groups. For example, they mentioned things like stablecoin corridors and cross-border tokenized assets. These tools could be used to aid international trade and finance transactions. As a result, innovation would increase and costs could be reduced. At the same time, the stability of finances should be maintained. Hence, rthe egulation needs to be clear and fair. In their paper, they proposed an operational framework to support innovation while protecting markets. Moreover, these proposals…

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Filed under: News - @ September 13, 2025 2:28 am