APPG Chair Meets U.S. Industry Leaders to Explore Global Best Practice on Digital Asset Regulation
The new Chair of the UK Parliament’s Crypto and Digital Assets APPG, Gurinder Singh Josan CBE MP, recently visited Washington DC to meet with leading representatives from the U.S. digital asset industry, including The Digital Chamber, to learn more about how U.S. regulators are approaching crypto and digital asset policy.
The visit forms part of the APPG’s broader work to examine what a fit-for-purpose regulatory framework could look like for the UK. A key focus of the APPG is to learn from international best practice, exploring how different jurisdictions are seeking to regulate digital assets, support innovation, attract investment, and protect consumers from harm.
During the meeting, discussions centred on how U.S. policymakers are seeking to balance regulatory clarity with consumer protection, while also encouraging responsible growth and innovation in the sector. The visit also explored the increasing global competition to lead in digital asset regulation, and the U.S.’s recent momentum in advancing crypto-related legislation through Congress, including the recently signed GENIUS Act, the first major federal stablecoin law in the U.S.
The visit comes as the UK Government has also confirmed ongoing engagement with U.S. counterparts through the UK-U.S. Financial Regulatory Working Group, where both countries pledged to maintain dialogue and cooperation in support of responsible digital asset development.
In May, APPG Chair Gurinder Singh Josan CBE MP and Co-Chair Lord Vaizey of Didcot also hosted a roundtable in Parliament with UK industry leaders to hear directly from businesses on what the UK’s regulatory roadmap should include, what action might be needed to remove barriers to growth, and how to better protect consumers.
As the UK develops its own regulatory approach to digital assets, the APPG will continue engaging with global counterparts to draw on international best practice, helping to shape balanced, effective policies that support innovation while safeguarding consumers.