The Jito Foundation is returning to the US due to clearer rules for digital assets. Jito is a maximal extractable value (MEV) infrastructure builder for the Solana network, allowing traders to profit by controlling transactions. The move follows recent regulatory changes, including the GENIUS stablecoin bill and a new crypto market structure bill.
Despite a pro-crypto administration, Operation Chokepoint 2.0 continues in 2025. Jack Mallers, CEO of Strike, had his personal bank account closed by JPMorgan Chase. The bank did not provide a reason, despite Mallers’ father being a client for over 30 years. Venture capitalist Alex Rampell warned of ongoing debanking tactics by banks, including excessive fees and blocking transfers to crypto platforms.
Read more at Cointelegraph: Jito Foundation Returns to US After Regultory Sea Change
