# UK Finance Related Articles

HTX News Center provides the latest articles and in-depth analysis on "UK Finance", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

UK says tokenized markets could unlock £33B economic boost by 2035

A UK government-commissioned report estimates that establishing global leadership in tokenized wholesale financial markets could unlock an additional £33 billion in annual economic output and around £14 billion in annual tax revenues by 2035. The report, prepared by Wholesale Digital Markets Champion Christopher Woolard CBE, argues tokenization is beyond experimentation and requires coordinated action to modernize infrastructure, improve efficiency, and bolster London's competitiveness. Key recommendations include accelerating initiatives like launching the Digital Infrastructure and Government Tokenisation (DIGIT) pilot by Q1 2027, expanding tokenized collateral and repo markets, supporting tokenized investment funds, and creating common technical standards. It emphasizes the need for legal certainty and a technology-neutral regulatory and tax framework to drive institutional adoption. The report highlights the critical role of digital settlement assets—including stablecoins and tokenized deposits—for scaling tokenized securities and real-world assets. It warns the UK must act quickly amid global competition, noting that tokenized real-world assets could reach $88 trillion by 2035. Decisive action is needed to secure the UK's position as a hub for wholesale digital markets.

ambcrypto07/13 15:49

UK says tokenized markets could unlock £33B economic boost by 2035

ambcrypto07/13 15:49

Coinbase appoints ex-UK finance minister George Osborne to chair advisory council

Coinbase, the largest US-based cryptocurrency exchange, has appointed former UK finance minister George Osborne as the chair of its advisory council. Osborne, who has been an advisor since 2024, views this as an opportunity to learn more about the blockchain revolution and its potential for broadening financial inclusion. His appointment is part of Coinbase's strategy to expand its global influence with foreign governments. Osborne has previously criticized the UK for lagging in crypto regulation and stablecoin development, warning that the British pound risks irrelevance against dominant US dollar-backed stablecoins. This move coincides with Coinbase's broader expansion, including recent acquisitions and new product offerings like tokenized stock trading, prediction markets, and planned perpetual futures contracts, as it aims to become a comprehensive financial services "everything app."

cointelegraph12/18 22:00

Coinbase appoints ex-UK finance minister George Osborne to chair advisory council

cointelegraph12/18 22:00

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