#DigitalAssetBill The United Kingdom Treasury published draft digital asset regulation and indicated that it plans to work with the United States to support innovation across the digital asset industry, Chancellor of the Exchequer Rachel Reeves said on April 29.

“Through our Plan for Change, we are making Britain the best place in the world to innovate — and the safest place for consumers,” said Reeves in an April 29 statement. “Robust rules around crypto will boost investor confidence, support the growth of Fintech and protect people across the UK.”

The U.K. Treasury’s comments came after Reeves recently met with U.S. Treasury Secretary Scott Bessent in Washington, D.C., where, according to reports, they discussed collaboration around digital assets regulation.