Gossip time! The former British Chancellor George Osborne, who now works for Coinbase, recently jumped up and scolded that the UK can't even see the tail lights in the cryptocurrency field, specifically calling out the current Chancellor Hunt and the Bank of England Governor Bailey as the slow-driving duo. We in the crypto circle love to see such infighting among our own, come on! Let's gossip!


1. Why is Osborne so anxious? - Pressure from the 'money daddy's' KPIs?


This brother is now a global advisor at Coinbase (those who understand, understand), and he criticizes the UK government with a sense of disappointment. He says the UK is now as timid as a quail, completely forgetting its glorious history of becoming a global financial center through the financial explosion of the 1980s by deregulating finance.

Old Zhao's sharp comments:

Wow, the former Chancellor has turned into a spokesperson for exchanges; is this out of concern for the country and the people, or is he just promoting his employer? I suggest the UK government check his payroll.


2. Is the UK lying flat on the slow lane?


Osborne's original words hit hard: 'On cryptocurrencies and stablecoins, we have been completely left behind!' He criticized regulators for being 'overly cautious' as an excuse, pointing out that the US, EU, Singapore, and even Abu Dhabi are ahead of the UK.

Old Zhao's sharp comments:


UK regulation is indeed a mysterious operation: on one hand claiming to be a 'crypto hub', while on the other hand conducting tax audits on exchange users down to their ancestors' graves, and freezing anonymous wallets... Seems like 'openness' is just a slogan, while shearing sheep is a necessity.

3. Global crypto arena: Is the UK not even able to catch a whiff of exhaust?


The 'other people's kids' that Osborne specifically named:

United States: Congress is directly pushing a legal framework, openly seizing the market;

European Union: The MiCA legislation has been implemented, with compliance streamlined;

Singapore: Asian crypto ATMs, licenses issued in abundance;

Abu Dhabi: Tycoons throwing money at mining, policies handed out for free.


Even Hong Kong has launched the 'LEAP framework' to promote tokenization (gold, bonds going fully on-chain), and Guotai Junan can even trade cryptocurrencies now! The UK is still entangled in whether 'stablecoins are monsters'... truly losing badly!


4. Old Zhao's view: The UK loses in 'wanting it all.'



On a technical level: The UK has a solid financial foundation but its policies are as awkward as a girl on a blind date—wanting to embrace innovation but fearing risks, resulting in being outmaneuvered by the US, New Europe, and three giants;

Opportunity cost: Osborne said this crypto revolution = 'a new financial explosion,' missing out means handing over global funds, talent, and technology dividends on a silver platter;

Magical realism: The former Chancellor scolds the current government for 'holding back', while the current government retaliates by strictly investigating crypto taxes (expected to generate £300 million), so is the UK version of 'crypto rise' entirely dependent on fines?



5. Gossip summary: How should crypto people view this?

Short term: The UK continues to 'talk innovation', benefiting neighboring Hong Kong and Singapore from policy dividends;

Long-term: If the UK is truly awakened by the criticism (copying America's homework), it may ignite the European crypto market, but given this efficiency... I suggest holding onto coins and waiting until 2030;

Mystical warning: Former high officials switching to exchanges → crazy diss of the homeland → policy loosening → exchanges profiting... has this script been seen somewhere before? (Ahem, SBF🇺🇸)



In the crypto world, being slow by one step is cautious, slow by ten steps is a stepping stone. This wave in the UK is like giving global investors a performance of 'the dusk of traditional finance.' There are no gods in the crypto circle, only smart people who can read signals. Old Zhao's articles do not boast or paint a rosy picture, only teaching you practical survival skills. Follow Old Zhao for daily strategies to get ahead.#美股代币化