Adrienne A. Harris proposes a “crypto passporting” framework to facilitate cross-border operations between the US and the UK

**Crypto Passporting Framework Proposed for US-UK Cross-Border Digital Asset Operations**

Adrienne A. Harris, outgoing Superintendent of New York State Department of Financial Services (NYDFS), has proposed an innovative "crypto passporting" framework to streamline cryptocurrency operations between the United States and United Kingdom. This groundbreaking regulatory cooperation initiative could revolutionize how digital assets, Bitcoin, and blockchain companies navigate international compliance requirements.

The proposed framework aims to eliminate regulatory barriers that currently hinder cross-border cryptocurrency trading, DeFi platform operations, and blockchain technology deployment. Harris's crypto passporting system would allow licensed digital asset firms to operate seamlessly across both jurisdictions, potentially reducing compliance costs and accelerating market expansion for cryptocurrency exchanges and fintech companies.

This regulatory harmonization proposal comes as both nations seek to establish themselves as leading crypto-friendly jurisdictions while maintaining robust investor protections. The framework could significantly impact Bitcoin trading volumes, cryptocurrency adoption rates, and institutional DeFi participation across Atlantic markets. If implemented, this crypto passporting system would represent a major milestone in international blockchain regulation, potentially setting a precedent for global cryptocurrency regulatory cooperation and fostering increased institutional investment in digital assets.