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Osborne says UK has been left behind in cryptocurrency boom
The Guardian
|August 05, 2025
The UK has been left behind in the cryptocurrency boom and is in danger of missing a second wave of demand, according to the former chancellor George Osborne.
Osborne, who has an advisory role at the crypto exchange firm Coinbase, said the country had already missed out on the first generation of crypto because the formerly sceptical US had embraced digital currencies under Donald Trump.
"What I see makes me anxious. Far from being an early adopter, we have allowed ourselves to be left behind," Osborne wrote in a Financial Times opinion piece. He said the UK was now about to miss a new surge in the crypto market: stablecoins.
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