Britain should ask crypto founders what would have kept them here

Share

Britain lost a net 507,000 of its nationals between 2021 and 2025, including a provisional 136,000 in 2025, according to Office for National Statistics data. The figures do not reveal how many crypto founders left or how much tax revenue the country lost. A Superteam UK initiative collected 576 responses between July and October 2026: 32% planned to leave, 7% had already left, and the main motivations were quality of life, taxation, job opportunities and access to capital. Moongate co-founder Praneet Sinha moved his business to Ras Al Khaimah in the United Arab Emirates because of its regulatory environment, tax advantages and ease of converting cryptocurrency revenue into fiat currency. Britain is now seeking to identify the policies that could persuade these founders to keep their businesses and talent in the country.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items