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Coinbase Advisor George Osborne Warns UK Risks Missing Crypto Innovation Wave

Coinbase Advisor George Osborne Warns UK Risks Missing Crypto Innovation Wave

Published:
2025-08-05 12:32:15
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Former UK Chancellor George Osborne, now a Coinbase advisor, has raised concerns about Britain's sluggish progress in cryptocurrency adoption. In a recent Financial Times op-ed, Osborne criticized successive UK governments for failing to deliver on promises to position the country as a leader in digital assets. He particularly highlighted the emergence of stablecoins as the next frontier in crypto innovation, where the UK risks falling behind the EU and other global players. Osborne's warning underscores growing anxieties about Britain's ability to compete in the rapidly evolving digital finance landscape, despite early aspirations to become a crypto hub.

Former UK Chancellor Warns of Missing Second Crypto Wave

George Osborne, former UK Chancellor of the Exchequer and current Coinbase advisor, has issued a stark warning about Britain's lagging position in crypto adoption. The critique comes as stablecoins emerge as the next frontier in digital asset innovation.

Osborne's Financial Times op-ed highlights a decade of unfulfilled promises from successive governments. Where the UK once aspired to lead, it now trails both the EU's comprehensive crypto legislation and America's GENIUS Act-driven stablecoin ambitions. "We're still deliberating," Osborne notes with palpable frustration, contrasting Britain's hesitation with global competitors' decisive actions.

Mamo Listing Confirmed on Coinbase Roadmap Amid Price Surge

Coinbase has added MAMO-token to its indexing roadmap, signaling potential future listing plans. The announcement coincides with a notable price surge for the asset.

Exchange roadmaps often serve as precursors to full trading support, though final approval remains subject to due diligence. Market participants typically view such developments as bullish signals for emerging tokens.

Coinbase's Satirical UK Ad Sparks Debate on Economic Criticism and Crypto Messaging

Coinbase's provocative musical advertisement, "Everything Is Fine," has ignited a firestorm of reactions across the UK and crypto communities. The two-minute spot, which lampoons Britain's economic struggles—from strikes to inflation—features characters fleeing to Dubai, framing cryptocurrencies as an escape from systemic failures.

Fintech leaders and venture capitalists praised the ad's boldness, with Michael Jackson of Mangrove Capital Partners calling it an "absolute banger" while decrying London's decline. Yet the broader British public remains divided, with critics dismissing it as tone-deaf self-promotion that oversimplifies complex challenges.

The campaign underscores crypto's growing cultural influence, positioning digital assets as both a financial alternative and a political statement. Coinbase's willingness to court controversy reflects the industry's aggressive push for mainstream relevance amid regulatory headwinds.

Coinbase's Controversial U.K. Advert Sparks Debate on Financial System

Coinbase CEO Brian Armstrong's claim that the exchange's provocative TV advert was banned in the U.K. has been debunked. The two-minute film, which paints a dystopian vision of Britain—complete with crumbling infrastructure, soaring living costs, and mass emigration—was never formally prohibited. Instead, it was shared directly on social media, bypassing traditional broadcast channels.

The ad's satirical tone, featuring citizens chanting "everything is just fine" amid chaos, underscores Coinbase's critique of legacy financial systems. Scenes of £100 supermarket meals and sewage-flooded streets culminate in a stark message: "If everything's fine, don't change anything." Armstrong framed the campaign as a call for financial innovation, though regulators never intervened to block its airing.

Coinbase and PayPal Exploit Stablecoin Loophole Post-GENIUS Act

Coinbase and PayPal have identified a regulatory gap in the recently enacted GENIUS Act, allowing them to continue offering stablecoin rewards despite new restrictions. The legislation, signed into law last month, provides federal clarity for stablecoins but contains ambiguities that major platforms are leveraging.

The MOVE signals how crypto firms are adapting to evolving U.S. regulations. Both companies appear to be maintaining customer incentive programs through creative interpretations of the law's provisions on digital asset rewards.

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