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    Crypto Businesses Leaving U.S. ? Bitcoin & Altcoins vs. Common-Sense Regulations



    The world’s second-largest crypto exchange Coinbase had made a splash last week when it announced the launch of an offshore exchange in the coming weeks after obtaining a license in Bermuda. Meanwhile, Ripple remains in its legal battle with the U.S. Securities and Exchange Commission (SEC), with a ruling potentially coming any day now, according to several experts. Will other crypt businesses follow Coinbase’s lead and leave the United States of America in favor of a jurisdiction that regulates cryptocurrencies in a friendlier way?

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    ~Crypto Businesses Leaving U.S. ? Bitcoin & Altcoins vs. Common-Sense Regulations ~
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    View 23 Comments

    23 Comments

    5. Vegas Jesus on

      They will make it seems like it’s impossible to even cooperate with crypto while working behind the scenes to get themselves set up. And when they are, like I said before they are crashing crypto to get themselves and friends/ family in. And when all that is done it will pump like crazy

    7. Aaron Cook on

      America will not see change if it keeps electing old wealthy men as President. The last & current Prime Ministers of the UK were are both in their 40s, and both crypto friendly including the current PM, Sunak, who is super open to everything crypto and blockchain related.

    9. Mr Right on

      should the people that deal in, develop, promote crypto move offshore as well? Thats a big lift for families that have been in the US for generations even though this is not the US we Immigrated to.

    11. Rickster1965 on

      Gensler/Elizabeth Warren/Biden Administration will all go down in history why the US fell behind the world when the Crypto industry emerged!!

    13. Wils kr8 on

      Americans are born entrepeneurs. Regulations can only delay things a bit. Its not going to be Europe and not the middle east. Maybe Asia but thats not different then today.

    16. Oracle 2020 on

      chamath in not trust worthy at all. He shift his stance on things weekly basis. He is not a good source. just a guy who got lucky on Crypto.

    18. fragidistic on

      It's just shows how the state don't understand new technology. They just want to have their old ways implemented. In UK things are not any different. The state wants to tax every buy/sell transaction and transfer. Anybody who knows at least a little about crypto it's obvious you can make 1000s of these everyday. How many times you suppose to tax same old coin you have. And on top of that since the state also doesn't know who's using the blockchain, they want you to make self tax assessment. You got to be not right in the head and choke yourself to financial death if you want to comply with these regulations.

    19. J M on

      If this administration was smart they would run with this technology support it and thrive in the future. But the bank lobbyists are too deep in their pockets

    23. Duncan MacLeod on

      Forced KYC so what is the advantage to using Bybit now compared to others? it's extremely slow with low liquidity, glad I didn't put much on that crap which I bet has ties to CCP.

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