Former UK Chancellor George Osborne has warned that Britain is falling behind in the global crypto race due to the Labour government’s overly cautious approach. He compared the current shift in digital finance to the 1980s “Big Bang” reforms and urged swift action to stay competitive with the US, EU, and Asia. Osborne, who now serves on Coinbase’s Global Advisory Council, emphasized that the UK must act quickly to seize this historic opportunity in financial innovation.
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