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George Osborne says UK has been left behind in cryptocurrency boom

The Guardian - TechnologyMonday, August 4, 2025 at 10:05:25 AM
NegativeTechnologycryptocurrency
George Osborne says UK has been left behind in cryptocurrency boom
Former UK Chancellor George Osborne warns that the country's cautious approach to cryptocurrency has caused it to fall behind in the global crypto boom. He argues that the UK risks missing out on a potential second wave of growth in the market if it doesn't act more decisively.
Editor’s Note: Osborne's criticism highlights a growing concern that the UK is losing its competitive edge in fintech and digital finance. If the government doesn't adapt, businesses and investors might look elsewhere, weakening the UK's position as a financial hub. This isn't just about crypto—it's about staying relevant in a fast-changing global economy.
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