đ˝đł USâUK âCrypto Passportâ on the Table?
đAdrienne Harris, outgoing head of NYDFS, has proposed a Crypto Passport allowing crypto firms licensed in the US to operate in the UK without redundant approvals. The initiative aims to streamline cross-border regulations, building on collaborations between NYDFS and the Bank of England, as well as the newly formed Transatlantic Taskforce for Markets of the Future.
đHarris leaves behind a legacy of strict oversight with BitLicense and robust financial safeguards. The proposed passport reflects a growing push for international regulatory alignment in cryptoâsupporting innovation while protecting investors.
