George Osborne warned that the country was losing crypto ground

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Former UK Chancellor George Osborne warned that the country was “falling behind” in the global crypto race. The ex-British Finance Minister further cautioned that the UK risked “becoming irrelevant.” He added that the U.S., the UAE, and Asia were on top of their crypto game. Osborne urged Chancellor Rachel Reeves and the BoE (Bank of England)’s Governor Andrew Bailey to steer Britain out of the “slow lane”. He asked Reeves to set up a stablecoin framework, adding that it was “time to catch up”. ...