US DFS, Bank of England Announce Transatlantic Regulatory Exchange to ‘Harmonise’ Digital Assets Regulations

The initiative is named the ‘Transatlantic Regulatory Exchange (TRE)’. It was officially announced on January 13 by Adrienne A. Harris, the superintendent of the DFS. The programme allows the DFS and the BOE to share regulatory approaches and information required to chalk out the legal framework to govern digital assets like cryptocurrencies.  The initiative is named the ‘Transatlantic Regulatory Exchange (TRE)’. It was officially announced on January 13 by Adrienne A. Harris, the superintendent of the DFS. The programme allows the DFS and the BOE to share regulatory approaches and information required to chalk out the legal framework to govern digital assets like cryptocurrencies.