The United States and Britain have launched their first joint law enforcement cooperation framework targeting overseas centres running cryptocurrency investment scams. U.S. federal prosecutors in Washington, the Crown Prosecution Service for England and Wales and Britain’s National Crime Agency signed a memorandum of understanding to pursue parallel investigations, share information and decide where to prosecute cases. Authorities say they have identified overlapping cases and plan an operation in London in early October with private companies.

U.S. Democrats are calling for a probe into possible links between Barron Trump and the Tate brothers, raising political uncertainty over the processing schedule for the crypto industry’s sought-after market structure legislation known as the CLARITY bill. Analysts say a shift in Congress after the midterm elections could affect both investigations involving the Trump family and crypto legislation. Market expectations for passage have weakened as the timeline becomes less clear.