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TEXXR

Chronicles

The story behind the story

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US regulators expanding their crypto investigations has led some companies to look to financial hubs overseas, including Singapore, Hong Kong, Europe, and Dubai

Bloomberg

Discussion

  • @johnedeaton1 John E Deaton on x
    At a time when Russia 🇷🇺 is cut off from SWIFT and countries are discussing global trade not being denominated in USD, the SEC is doing everything it can to assure that that reality happens soon, while also making sure the U.S. is NOT a leader in the digital asset revolution. htt…
  • @cryptowendyo Wendy O on x
    The US “crypto crackdown” will force the brightest and most innovative Americans overseas There was a time when folks would come to America to escape oppression and thrive in their profession How times have changed https://twitter.com/...
  • @joel__collinson Joel Collinson on x
    @Techmeme I suppose a US company that is fully in compliance with the regulations will have an advantage.
  • @annairrera Anna Irrera on x
    This chart is very cool and shows share of VC funding in crypto by region. Interesting to see US's dominance was lower in 2017-18. Seems like it was because of ICO crackdown? Of course it came back https://www.bloomberg.com/... https://twitter.com/...
  • @annairrera Anna Irrera on x
    The US crypto crackdown is prompting battered digital-asset firms to look toward financial hubs overseas—like Singapore, UK and even EU!!— clouding the country's position as an industry leader V. good weekend read by @emilyjnicolle and @Suvajourno https://www.bloomberg.com/...
  • @smdiehl Stephen Diehl on x
    Good, crypto firms should go abandon US markets and move offshore. Apart from extremely corrupt jurisdictioms, the same story will play out there and they'll get banned as well. https://www.bloomberg.com/...
  • @emilyjnicolle Emily Nicolle on x
    US authorities' recent “regulation by enforcement” approach is prompting crypto companies to seek out a warmer reception overseas, where new digital-asset rules, tax incentives and political charm offensives are winning them over friday read on @crypto 🌴https://www.bloomberg.com/…