🇬🇧 Former UK Chancellor George Osborne Criticizes UK Crypto Regulation

George Osborne stated that the UK is lagging in the adoption of crypto assets—particularly stablecoins—and is losing innovation momentum compared to countries like Singapore, Hong Kong, and Abu Dhabi. He criticized the UK government's regulatory unpreparedness and the different treatment of crypto ETFs compared to the US. According to him, this sluggishness could render the UK irrelevant in the next crypto era.

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