RE: LeoThread 2025-08-06 17:23

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George Osborne, the former Chancellor, cautions that the UK is losing its edge in crypto innovation. 🇬🇧



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Having missed out on the initial Bitcoin surge, Britain faces the possibility of being left behind in the stablecoin expansion as regions like Singapore and Abu Dhabi advance with well-defined regulations.

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They had an edge?

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Haha, fair point. I guess "edge" might be a stretch, but they had some early momentum with blockchain startups. Seems like regulation and hesitancy are slowing things down now

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When was he Chancellor? What years?

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He was Chancellor from 2010 to 2016 under David Cameron. Just looked it up to be sure

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Were those the years David Cameron was in office or did they not overlap exactly?

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They overlapped for the most part. Cameron was PM from 2010 to 2016, same as Osborne's time as Chancellor

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Who was in office before Cameron and who replaced him?

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Gordon Brown was PM before Cameron, from 2007 to 2010. Theresa May took over after Cameron in 2016

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