JUST IN: FORMER UK CHANCELLOR GEORGE OSBORNE WARNS BRITAIN RISKS BEING "LEFT BEHIND" ON CRYPTO URGES RACHEL REEVES TO ACT OR MISS THE DIGITAL ASSET REVOLUTION Source: @Cointelegraph https://t.co/3geoRKvNNU https://t.co/dO9v1Z9fgn
UK RISKS FALLING BEHIND IN CRYPTO, WARNS FORMER CHANCELLOR GEORGE OSBORNE Former British Chancellor George Osborne has sounded the alarm over the UK’s sluggish approach to crypto regulation, warning that Britain is “being left behind” in the global digital asset race. He urged https://t.co/MiTKWEzO0v https://t.co/4boc06UCPh
JUST IN: 🇬🇧 UK former chancellor George Osborne warns Britain is being "left behind" on crypto, urging Rachel Reeves to establish a crypto framework or risk becoming irrelevant in the digital asset revolution. https://t.co/4ChhJFt0jd
Former UK Chancellor George Osborne has warned that Britain is being left behind in the global cryptocurrency market. Osborne, who serves on the Coinbase Advisory Council, highlighted that the UK missed the first wave of cryptocurrency adoption and risks missing the second wave driven by stablecoins. He urged Labour Party leader Rachel Reeves to establish a clear regulatory framework for digital assets to prevent the UK from becoming irrelevant in the evolving crypto landscape. This call comes amid broader concerns about the UK's position in the digital asset revolution compared to other global financial hubs.