Chris Dickson: Cryptocurrency Fund Andreessen Horowitz will open a representative office in the UK – Bits Media

The head of the venture unit of the A16Z Crypto Foundation announced plans to create an alternative office of Andreessen Horowitz in Europe.

According to the founder A16z Crypto, Chris Dixon (Chris Dixon), The decision to transfer Andreessen Horowitz some operations to the European market was accepted for background of increased pressure from American officials. Especially directed against the world's largest crypto -streaks Binance and Coinbase.

Chapter A16Z noted, that the choice of Great Britain, as the future place of incorporation of the European office of the company, was made taking into account the country's unique approach to the Web3 sector, adapted to the regulation of blockchain and digital assets.

The businessman believes, that the plus in favor of the UK is the use of a "regulatory sandbox" in relation to new methods of industry control, as well as the formation of politics, stimulating the development of the ecosystem of cryptocurrency startups.

“We need jurisdiction and regulatory framework, which contribute to decentralization, And do not interfere. We count, that the UK is on the right track to that, To become a leader in the field of cryptocurrency regulation ", - announced Chris Dixon.

Expected, that the New International Office of Andreessen Horowitz will open at the end of this year and will be focused on serving customers from the UK and the rest of Europe.

Earlier, the US regulators reported their plans for the headquarters to the UK.
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