UK’s George Osborne warns of crypto lag
Former UK Chancellor George Osborne, in a Financial Times op‑ed on August 4, criticized the UK's slow approach to crypto regulation—especially stablecoin licensing—and urged the Treasury and Bank of England to act swiftly or risk being left behind. He contrasted UK inertia with proactive regimes in Singapore, Hong Kong, Abu Dhabi, and the U.S.
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