Crypto companies are returning to the US as officials signal a shift towards friendlier regulation. SEC Chair Paul Atkins urges the US to become a global hub for digital assets, while Treasury Secretary Scott Bessent calls it the “golden age of crypto.” Companies like Nexo, Deribit, and OKX are expanding in the US.
Global crypto companies are expanding into the US due to pro-crypto rhetoric and clearer regulations. Nexo and Deribit are returning to the US market, while Wintermute opened a New York office. OKX relaunched its US operations, and Bitmain plans to open a US-based ASIC production facility.
US-based firms like Kraken and MoonPay are also scaling up domestically. Kraken moved its headquarters to Wyoming, citing the state’s pro-crypto stance, while MoonPay opened a new headquarters in New York City. MoonPay has secured licenses to operate in all 50 states, signaling growth in the US market.
Read more at Cointelegraph: Crypto firms return to US as regulators push onshoring agenda
