London loses ground to Paris in battle for crypto conference crown

Quick Take

  • Two key crypto conferences, Token2049 and Blockworks’ Digital Assets Summit, won’t take place in London this year.
  • As London’s dominance on the crypto conference circuit wanes, Paris Blockchain Week has seen record attendance.

London's place in the crypto conference hierarchy is slipping, as two key events have been dropped by planners for 2023.

Both Token2049 and Blockworks' Digital Assets Summit, which respectively played host to over 2,500 attendees and 600 institutions last year, have decided not to return to the UK capital.

The organizers of Token2049 confirmed in a statement to The Block that Token2049 Singapore will be its only event this year, but did not share why they had decided to turn away from London.

Meanwhile Blockworks has decided to move its Digital Assets Summit from both New York and London to Washington, D.C.

"Why are we moving DAS to DC?" the company said in a tweet thread last week. "The aim is simple. We want to get regulators, policymakers and the brightest minds in crypto together in one room, speaking the same language."

DAS won't return at all this year and will instead kick off in its new location in March next year. In 2022, both Token2049 and DAS events took place toward the end of the conference year, in November and October respectively. 

Bear market bites

"Whilst it's disappointing to see two of the major industry events not taking place in the UK, we are certain this is a short break and not an end to these events returning in future years," Su Carpenter, director of operations for trade association group CryptoUK, said in a statement.<