U.S. Crypto Exodus? Gemini Opens Fourth Worldwide Workplace 

• The SEC’s assault on crypto might be driving enterprise overseas.
• Gemini, a U.S.-based alternate, plans to open a brand new workplace in India.
• A enterprise capitalist says the SEC’s crypto enforcement efforts harm U.S. innovation.

The USA crypto regulatory panorama is unsure as Congress is but to ship a complete regulatory framework. The state of affairs worsens as regulators just like the U.S. Securities and Alternate Fee (SEC) stay bent on asserting jurisdiction over crypto markets via enforcement.

Lingering uncertainty and worry of SEC enforcement have led to rising considerations that U.S.-based crypto companies may focus efforts overseas. Within the newest occasion, one of many main U.S.-based crypto exchanges, Gemini, introduced plans to increase its rising record of worldwide places of work amid a authorized tussle with the SEC.

This yr, Gemini was among the many…

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