A UK-US task force has initiated a 180-day project to harmonize standards for Bitcoin and crypto product listings, custody, and disclosures across both markets. Announced during a state visit, the initiative is co-chaired by finance ministries and regulators from both countries. The task force aims to reduce cross-border frictions in capital markets and digital assets, with recommendations expected by March 2026. The collaboration will focus on wholesale digital markets and establish a timeline for cross-listing pathways, utilizing U.S. generic listing standards to streamline processes for London. The U.S. has introduced rule changes to shorten the interval between filing and first trade, while the UK is reforming capital-raising and prospectus processes. The task force plans to produce recognition notes, custody FAQs, and model disclosure annexes to facilitate faster listings and reduce operational drag.