**News Flash: Billionaire Investor Christian Angermayer Moves to Lugano Amid UK Tax Changes**

Billionaire Christian Angermayer has relocated from the UK to Lugano, Switzerland, citing upcoming UK tax hikes on offshore wealth. Angermayer, known for his investments in biotech, cryptocurrency, and psychedelics, criticized the UK's revised "non-dom" tax framework, calling it a "huge mistake."

Despite his move, Angermayer's London office will stay operational. Lugano, a Bitcoin-friendly hub, has become a hotspot for crypto enthusiasts, with around 250 merchants accepting Bitcoin and widespread use of Tether (USDT). Angermayer continues to invest in crypto ventures, including Samara Asset Group and Bitcoin miner Northern Data AG.