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U.K. Has Botched Crypto, Minister-Turned-Adviser Says

  • Former official says country has less than a year to catch up
  • Hammond warns crypto firms will leave unless rules clarified

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The U.K. has less than 12 months to regain its footing on crypto or face a loss of talent and even its status as a global financial-services leader, the country’s former Chancellor of the Exchequer Philip Hammond warned.