Amid the U.S. Securities and Exchange’s crackdown on the crypto industry, venture capital firm Andreessen Horowitz (a16z) intends to expand its horizons to the U.K. The San Francisco-based firm commends the country for what it considers an innovative approach to cryptocurrency and blockchain regulation. “The UK government sees the promise of web3,” with a keen interest in establishing the country as a hub for web3 innovation, Andreesen managing partner Chris Dixon said.