Billionaire Bitcoiner slams UK tax system, leaves for Swiss Bitcoin city: Report
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Sep 29 2024Christian Angermayer's Tax-Motivated Move: Billionaire investor Christian Angermayer has relocated from the UK to Lugano, Switzerland, due to impending tax increases on offshore wealth, which he believes will drive many non-doms out of the country.
Lugano's Crypto-Friendly Environment: Lugano has become a significant Bitcoin hub with numerous merchants accepting Bitcoin payments and a strong partnership with Tether, fostering a vibrant crypto economy in the region.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
