For decades, Berkshire Hathaway‘s annual meeting — Warren Buffett’s “Woodstock for Capitalists” — has attracted foreign investors traveling to Omaha, Nebraska, sometimes from thousands of miles away. This year, their international trip has a new wrinkle to it.

Xin Jin, a Chinese investor in Guangzhou, wanted to pay his second visit to Omaha this May but international travel in the current political climate worried him. In 2012, he poured half his assets in to Berkshire’s stock, which became one of the most profitable names in his portfolio.

“I really want to go to Omaha this year,” Jin said. “I admire Buffett and I’m very touched by him.”

A consumer-focused Chinese investor in Shanghai who didn’t want to be named but who has attended the annual meeting three times, also said the hostile political environment kept him from traveling this year. Another Chinese shareholder noted there are fewer third-party agencies organizing trips to Omaha this time. One shareholder in Jakarta, Indonesia who attended last year decided to stay home, saying he’s concerned about “unnecessary and unfounded issues with customs.”

This year’s meeting comes after President Donald Trump launched a global trade war in the early days of his second term, intensifying political tensions between the U.S. and other nations. China, in particular, has issued a risk alert for Chinese tourists travelling to the U.S., citing recent “deterioration of China-U.S. economic and trade relations and the domestic security situation in the U.S.”

“What I noticed the last couple of years, the demographics of the shareholders tilted a lot more towards international — shareholders being there for the first time, largely international and very young,” said David Kass, a finance professor at the University of Maryland, who once held private lunches for his students and Buffett.

Berkshire’s annual gathering can attract as many as 40,000 people to the Cornhusker State for a unique opportunity to hear from Buffett, his designated successor Greg Abel and Berkshire’s insurance chief, Ajit Jain. The Q&A session will be broadcast on CNBC and webcast in English and Mandarin.

Buffett, 94, has long acknowledged the growing international representation at his annual gathering. In fact, he and his late partner Charlie Munger used to hold special receptions for those traveling from outside North America. He eventually ended the event as the number of foreign attendees grew.

“Our count grew to about 800 last year, and my simply signing one item per person took about 2 1⁄2 hours,” Buffett said in annual letter in 2009. “Since we expect even more international visitors this year, Charlie and I decided we must drop this function. But be assured, we welcome every international visitor who comes.”

— With assistance from CNBC’s Evelyn Cheng.

LONDON — Britain is at risk of losing budding fintech and cryptocurrency entrepreneurs to rival hubs if it doesn’t address pressing regulation and funding challenges, according to industry leaders.

Several crypto bosses told CNBC this week that the U.K. has created an unfavorable environment for fintech and crypto. They argued that the local regulator takes too strict an approach to registering new firms, and that pension funds managing trillions of pounds are too risk-averse

Whereas a decade ago the U.K. was seen as being at “the forefront in terms of promoting competitiveness and innovation,” today things “have shifted more towards prioritizing safety and soundness to an extent where growth has been held behind,” according to Jaidev Janardana, CEO of British digital bank Zopa.

“If I look at the speed of innovation, I do feel that the U.S. is ahead — although they have their own challenges. But look at Singapore, Hong Kong — again, you see much more rapid innovation,” Janardana told CNBC. “I think we are still ahead of the EU, but we can’t remain complacent with that.”

Tim Levene, CEO of venture capital firm Augmentum Fintech, said entrepreneurs face challenges attracting funding in the U.K. and could be tempted to start their founding journeys in other regions, like Asia and the Middle East.

“We’re scrambling around looking for pots of capital in the U.K., where currently it would be more fruitful to go to the Gulf, to go to the U.S., to go to Australia, or elsewhere in Asia, and that that doesn’t feel right,” Levene told CNBC.

Lisa Jacobs, CEO of business lending platform Funding Circle, said that the negative impacts of Brexit are still being felt by the U.K. fintech industry — particularly when it comes to attracting overseas talent.

“I think it is right that we’re paranoid about other locations,” she told CNBC. “It is right that we are trying to — as an industry, as government — make the U.K. still that great place to set up. We have all the ingredients there, because we’ve got the ecosystem, we do have this talent setting up new businesses. But it needs to continue. We can’t rest on our laurels.”

The U.S., for example, has adopted a more pro-crypto stance under President Donald Trump, with the Securities and Exchange Commission dropping several high-profile legal cases against major crypto businesses.

The EU, meanwhile, has led the way when it comes to laying out clear rules for the industry with its Markets in Crypto-Assets (MiCA) regulation.

“The U.S. is driving global tailwinds for the industry,” Craddock said, adding: “MiCA came into force in the EU at the end of last year, while Singapore, Hong Kong and the UAE are moving full steam ahead with pro-industry reforms,” she added.

The U.K. on Tuesday laid out draft proposals for regulating crypto firms — however, industry insiders say the devil will be in the detail when it comes to addressing more complex technical issues, such as reserve requirements for stablecoins.

Last year, the watchdog published a roadmap detailing its plan to implement crypto regulation. The roadmap includes a series of discussion papers on topics ranging from stablecoins to crypto lending over the next two years. A full regulatory regime is expected to go live by 2026.

Another issue faced by crypto companies is that of being “debanked” by high street banks, according to Keith Grose, head of U.K. at Coinbase.

“Debanking is a huge issue — you can’t get bank accounts if you’re a company or individual who works in crypto,” Keith Grose, Coinbase’s U.K. head, told CNBC. “You can’t build the future of the financial system here if we don’t have that level playing field.”

A survey by Startup Coalition, Global Digital Finance and the U.K. Cryptoasset Business Council of more than 80 crypto firms published in January found that half were denied bank accounts or had existing ones closed by major banks.

“I think the U.K. will get it right — but there is a risk if you get it wrong that you drive innovation to other markets,” Coinbase’s Grose told CNBC.

“This is such a fast developing space — stablecoins grew 300% last year. They’re already doing more volume than Visa and Mastercard,” he added. “I think if you deliver smart regulation here, stablecoins can be a foundational part of our payment ecosystem in the U.K. going forward.”

British bank Barclays on Wednesday reported slight beats on the top and bottom line, boosted by stronger investment bank performance.

Pre-tax profit came in at £2.7 billion ($3.6 billion) over the March quarter, compared with analyst expectations of £2.49 billion, according to LSEG. Group revenues hit £7.7 billion, above an analyst projection of £7.33 billion.

Income from its investment bank unit increased 16%. Barclays’ return on tangible equity, a measure of profitability, reached 14 % in the first quarter, after averaging 7.5% in the December quarter.

Key to investors is how Barclays navigates its sizable U.S. exposure in the market storm unleashed by U.S. President Donald Trump’s global trade tariffs. Notably, Barclays has had a significant presence Stateside since acquiring the investment banking and capital markets businesses of collapsed Wall Street titan Lehman Brothers for $1.75 billion.

Speaking to CNBC’s “Squawk Box Europe” on Wednesday, Barclays CEO C.S. Venkatakrishnan said he was expecting “fairly high market volatility” going forward.

“It’s calmer now but I imagine it will continue to go up and down. Beyond that, as you’ve seen in our results, that market volatility helps us help clients manage their risk, we can do so in a profitable way that helps them as well and helps markets income, as long as you manage your risk well.”

Venkatakrishnan continued, “I think, going forward, the longer this goes on, the greater economic uncertainty there is, which is putting companies off from making decisions. Individuals also take time to make decisions, you could have a risk of a slowdown in economic activity.”

The British lender’s U.S. consumer bank business has made strides, delivering a 9.1% return on tangible equity in 2024, from 4.1% in 2023. Barclays shares took a steep tumble as the White House kicked off its trade war on April 2, but recovered thereafter and remain up 10% in the year to date — in sharp contrast to Swiss giant UBS, whose U.S. foothold and domestic concerns have led to a hemorrhage in stock value.

Britain could receive a rare economic boon as a result of its divorce from the European Union, after the bloc was struck with 20% in — now briefly suspended — U.S. reciprocal tariffs in early April. London, which only faces 10% in such White House levies, is now attempting to leverage its historic transatlantic relationship and a broadly more balanced trade record with the U.S. to secure a sweeter commercial arrangement.

Barclays’ pressures at homes have meanwhile eased, with behemoth HSBC announcing plans to wind down its M&A and equity capital markets businesses in the U.K., U.S. and Europe amid a revamp of its investment operations. And the British unit of Spanish lender Banco Santander — which dethroned UBS to become continental Europe’s largest bank by market capitalization in recent weeks — in March said that 750 of its staff were at risk of redundancy, as it targets 95 branch closures as part of a broader plan to update its footprint from June 2025.

While Santander insists that the U.K. remains a “core market,” the latest move has added to questions whether the Spanish lender intends to exit the British high street.