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ARTICLE · 09 OCTOBER 2023

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Your New Crypto Base?

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Crypto companies and exchanges are facing unprecedented pressure from financial regulators around the world, with many digital asset businesses starting to consider...

United KingdomTax
Richard Stebbing
Richard Stebbing
Lauren Rapeport
Lauren Rapeport
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Crypto companies and exchanges are facing unprecedented pressure from financial regulators around the world, with many digital asset businesses starting to consider moving to friendlier locations. This article is part of a series discussing the key considerations of relocating, as well as comparing the appeal of a number of alternative locations.

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In the world of crypto, 2023 has been characterised by increased regulatory scrutiny of the USA's cryptoasset sector. Most notably, the recent enforcement action from the Securities and Exchange Commission on crypto exchanges and cryptoasset businesses has caused considerable concern across the crypto landscape.

These actions have seen key players look to other markets, including the UK, as an alternative to the USA as a base for operations. Top VC cryptocurrency investor Andreessen Horowitz (aka a16z) are leading this movement, with a16z's first international office opening in London later in 2023, and

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