Article 6Z34Y George Osborne says UK has been left behind in cryptocurrency boom

George Osborne says UK has been left behind in cryptocurrency boom

by
Dan Milmo Global technology editor
from Technology | The Guardian on (#6Z34Y)

Ex-chancellor criticises hesitant approach to crypto and warns country in danger of missing next surge in market

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 already missed out on the first generation of crypto because the formerly sceptical US had embraced digital currencies under Donald Trump.

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