Research from recap, a cryptocurrency tax software company, has shown that London has become the world’s leading city for cryptocurrency due to its large concentration of crypto businesses, crypto ATMs, crypto ownership, and capital gains tax rates.
Recap’s analysis demonstrates that Prime Minister Rishi Sunak’s goal of “ensuring the U.K. financial services business is constantly at the forefront of technology and innovation” is on the correct track.
London has the highest concentration of residents employed in crypto-related fields of all the cities, a sign of greater public interest in the crypto ecosystem. But other cities outperform London in several criteria, supporting the argument for the widespread use of cryptocurrencies.
The U.K. Prime Minister Rishi Sunak highlighted that making the U.K. crypto hub is now on his agenda: “It’s my ambition to make the U.K. a global hub for crypto-asset technology,” he stated.
Blockchain Economy Summit’s sixth edition conference
The sixth iteration of the Blockchain Economy Summit is slated to take place on February 27 and 28, in London, after four years of successful events despite the bear market. More than 3,000 people from 65 nations will attend this significant cryptocurrency event in the United Kingdom.
ICE London 2023
ICE London 2023 is a 3-day in-person event held from 7th February to 9th February 2023 in ExCeL London. The event is organized by Clarion Event. A global network of gaming professionals from various industry sectors and degrees of seniority is provided by the conference. Before, during, and after the show, establish connections, identify new business partners, schedule meetings, and grow the company.
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