The US and UK have launched a joint alliance targeting cryptocurrency scam centers. The agreement provides for parallel investigations and information sharing between the authorities of both countries.

Furthermore, American and British agencies plan to conduct an operation in London in October to curb the activities of such centers with private sector participation. This information was published by Cointelegraph; the source materials in the package are presented only as a metadata synopsis.

The significance of the initiative will depend on which entities join the operation, what actions will be taken, and whether they lead to specific investigations or the halt of fraudulent schemes. So far, the source does not report details on the alliance's mechanism or its initial results.