Britain should ask crypto founders what would have kept them here
Crypto founders describe leaving Britain for destinations such as the UAE and US, citing operating efficiency, taxes, access to capital, regulation and opportunity. Moongate moved from London to the UAE, while another founder plans to relocate to the US; a16z also reduced its UK presence. Revised ONS data show a net 507,000 British nationals left the country from 2021 to 2025, though the figures do not identify founders or their reasons. A voluntary Superteam UK survey received 576 responses: 32% planned to leave and 7% had already left. Among those leaving or gone, quality of life and tax were the most-cited reasons, followed by jobs and capital. The project aims to collect more evidence to inform policies that might persuade people to stay.
