US crackdown will push crypto’s 'middle of gravity' to Hong Kong: Kaiko CEO

The U.S. authorities’s frosty method to cryptocurrency regulation may finally see the business’s “middle of gravity” shift to Hong Kong, says Ambre Soubiran, the CEO of Paris-based institutional crypto market knowledge supplier Kaiko.

The U.S. has been on the forefront of the crypto sector for fairly a while, nevertheless, with the federal government seemingly adopting a regulation by enforcement method, there’s a rising feeling by some {that a} important quantity of corporations, builders and traders will quickly flock elsewhere to work in friendlier environments.

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