{"id":50317,"date":"2025-09-30T15:46:58","date_gmt":"2025-09-30T15:46:58","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=50317"},"modified":"2025-09-30T15:46:58","modified_gmt":"2025-09-30T15:46:58","slug":"what-is-crypto-passporting-adrienne-harris-advocates-for-us-uk-passporting-scheme","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=50317","title":{"rendered":"What Is Crypto Passporting? Adrienne Harris Advocates For US-UK Passporting Scheme"},"content":{"rendered":"<div>\n<p><span style=\"font-weight: 400\">A new facet to international financial regulation is crypto passporting. Similar to how European Union (EU) financial services companies can operate across member states under a single license, a US-UK passporting scheme. Crypto companies face significant barriers while expanding internationally. For example \u2013 a New York based company trying to expand in London will be impacted by costs and delays. Crypto passporting would allow crypto companies regulated in one country to operate in the other without necessarily undergoing the entire authorization processes.<\/span><\/p>\n<p><span style=\"font-weight: 400\">According to Simon Jennings, executive director of the UK Cryptoasset Business Council trade body, <\/span><span style=\"font-weight: 400\">\u201cCo-ordinated regulation, including the potential for digital asset passporting, would enhance investor protection, cut compliance costs and make cross-border markets far more interoperable.\u201d<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">US-UK crypto passporting is the unlock \u2013 harmonize now and let liquidity, listings, and builders flow across both shores, or watch the next trillion in market cap ship out elsewhere<\/p>\n<p>\u2014 booba (@boobacrypto) <a href=\"https:\/\/twitter.com\/boobacrypto\/status\/1972955223779065937?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">September 30, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:\u00a0<\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025<\/span><\/a><\/strong><\/p>\n<h2><strong>\u201cYou really shouldn\u2019t have ideology in financial regulation,\u201d Said Harris <\/strong><\/h2>\n<p><span style=\"font-weight: 400\">Adrienne Harris, the departing head of New York\u2019s Department of Financial Services (DFS) has thrown her support behind the US-UK crypto passporting scheme. \u201cYou really shouldn\u2019t have ideology in financial regulation,\u201d Harris stated. \u201cYou can protect consumers and support business at the same time; this can be mutually reinforcing.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400\">The DFS has a strong influence on the global cryptocurrency landscape as not only the regulator overseeing major financial institutions including Goldman Sachs, Deutsche bank and Barclays, but also the supervisor of some of the largest crypto companies like Coinbase and Circle. <\/span><\/p>\n<p><span style=\"font-weight: 400\">However, Harris announced her resignation after serving as the department head for four years.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">US-UK crypto passporting is inevitable \u2013 borders lose, liquidity wins <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f680.png\" alt=\"\ud83d\ude80\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><\/p>\n<p>\u2014 Allen <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1fa90.png\" alt=\"\ud83e\ude90\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> (@TheAllenCrypto) <a href=\"https:\/\/twitter.com\/TheAllenCrypto\/status\/1972951158600896887?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">September 30, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><strong>EXPLORE:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/crypto-presales\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">The 12+ Hottest Crypto Presales to Buy Right Now<\/a><\/strong><\/p>\n<h2 class=\"nnbtc-header__title\">US-UK Launch Transatlantic Task Force<\/h2>\n<p>The US and UK governments have announced a strategic partnership by creating a formal joint task force designed to reduce regulatory friction for firms seeking to access capital across markets. Importantly, the joint task force will coordinate the two countries\u2019 approaches towards cryptocurrency oversight.<\/p>\n<p>The task force was formed during Trump\u2019s visit out of high-level talks between UK Chancellor Rachel Reeves and US Treasury Secretary Scott Bessent.<\/p>\n<p>On 22 September 2025, the US Department of the Treasury (DoT)\u00a0<a href=\"https:\/\/home.treasury.gov\/news\/press-releases\/sb0256\" target=\"_blank\" rel=\"nofollow noopener\">released a statement<\/a>\u00a0saying, \u201cThe purpose of the Taskforce is to explore options for short-to-medium term collaboration on digital assets while legislation and regulatory regimes are still developing, as well as options for long-term collaboration and additional opportunities for wholesale digital markets innovation.\u201d<\/p>\n<p><strong>EXPLORE: <\/strong><a href=\"https:\/\/99bitcoins.com\/news\/bitcoin-btc\/after-trumps-visit-britain-set-to-reduce-crypto-red-tape-us-uk-launch-transatlantic-task-force\/\"><strong>After Trump\u2019s Visit Britain Set To Reduce Crypto Red Tape: US-UK Launch Transatlantic Task Force\u00a0<\/strong><\/a><\/p>\n<p><span style=\"font-weight: 400\">    <\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h2>\n<p><span style=\"font-weight: 400\">    <\/p>\n<ul class=\"nnbtc-key-takeaways__list\">\n        <\/ul>\n<p><\/span><\/p>\n<p><span style=\"font-weight: 400\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <\/li>\n<p><\/span><span style=\"font-weight: 400\">New York\u2019s Department of Financial Services (DFS) holds extraordinary influence over the global cryptocurrency landscape.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\"><br \/>\n    <\/span><\/p>\n<p><span style=\"font-weight: 400\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         Adrienne <\/li>\n<p><\/span><span style=\"font-weight: 400\">Harris argues that allowing established financial institutions to engage with cryptocurrency markets could actually raise industry standards.<\/span><\/p>\n<p><span style=\"font-weight: 400\"><br \/>\n    <\/span><\/p>\n<p><span style=\"font-weight: 400\"><br \/>\n    <\/span><\/p>\n<p><span style=\"font-weight: 400\">    <\/span><\/p>\n<\/div>\n<p>    <\/span><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/bitcoin-btc\/what-is-crypto-passporting-adrienne-harris-advocates-for-us-uk-passporting-scheme\/\">What Is Crypto Passporting? Adrienne Harris Advocates For US-UK Passporting Scheme<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A new facet to international financial regulation is crypto passporting. Similar to how European Union (EU) financial services companies can operate across member states under a single license, a US-UK passporting scheme. Crypto companies face significant barriers while expanding internationally. For example \u2013 a New York based company trying to expand in London will be [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-50317","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/50317","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=50317"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/50317\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}