The U.S. authorities’s icy strategy to cryptocurrency regulation might in the end see the trade’s “heart of gravity” shift to Hong Kong, mentioned Ambre Soubiran, CEO of institutional market information supplier Kaiko cryptography, primarily based in Paris.
America has been on the forefront of the crypto trade for fairly a while. Nevertheless, with the federal government apparently adopting a regulation-by-law enforcement strategy, some more and more really feel {that a} vital variety of firms, builders and traders will quickly be flocking elsewhere work in friendlier environments.
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