🚨 George Osborne: UK Is Falling Behind in Crypto
George Osborne, former UK Chancellor and now on Coinbase’s global advisory council, just made it clear: the UK is trailing behind in the crypto race.
🔻 Key Points:
Osborne says the UK missed the first wave of crypto and is about to miss the second, especially in stablecoins.
He criticizes current UK regulations as slow, restrictive, and anti-innovation.
While the US, Singapore, EU, and others are building pro-crypto frameworks, the UK is “stuck in limbo.”
Osborne warns: if USD stablecoins dominate, GBP will fade from digital relevance.
He calls for an urgent shift—faster approval, clearer rules, and easier access for retail users.
🚨 Bold take: “We’re being completely left behind. It’s time to catch up.”
🧠 Final word: UK regulators need to stop dragging and start leading—or risk watching London lose its edge in the global financial revolution.