Former UK Chancellor George Osborne highlighted the positive impact of the Genius Act on the cryptocurrency sector, stating it provides the "certainty and stability" necessary for innovation. Speaking at the Midnight Network Summit 2025, Osborne emphasized the importance of legislative frameworks that support crypto companies. However, Osborne cautioned governments against attempting to direct innovation, warning that such efforts often lead to incorrect predictions. His remarks underscore the delicate balance between regulation and innovation in the rapidly evolving crypto landscape.