BTC PULSE
No Result
View All Result
Play Now
No Result
View All Result
BTC PULSE
No Result
View All Result
Play Now
Home Blockchain

SEC Chair Urges Crypto ‘Reshoring’ as Firms Return to US Amid Policy Shift

by Chiwuike Owunwa
Aug 2, 2025 - 2:04 am
in Blockchain
Crypto firms expand US operations following SEC reshoring call

US Calls for Crypto ‘Reshoring’ as Businesses Scale Domestically

Cryptocurrency companies are bringing operations back to the US as political support and regulatory clarity return. On Thursday, SEC Chair Paul Atkins called for the “reshoring” of crypto companies that had previously fled abroad amid regulatory uncertainty. The comments, delivered in a speech at the America First Policy Institute, followed a wider push by the Trump administration to make the US a top destination for digital assets.

Treasury Secretary Scott Bessent reiterated the message a day later, proclaiming a “golden age of crypto” and welcoming global builders to base their operations in the US.

International Companies Back in the US Market

The policy shift is bearing fruit. Bulgaria-based Nexo re-entered the US market in April after several years’ absence, citing a more welcoming environment. Seychelles-based OKX restarted its US operations in June, choosing San Jose, California, as its new base following a $500 million settlement with regulators.
Meanwhile, Chinese mining giant Bitmain announced that it would have an ASIC production facility in the US by 2026 and is opening a headquarters in either Florida or Texas. Competitors Canaan and MicroBT also have production supposedly coming stateside.

Domestic Companies Scale Up Operations

US-based Kraken and MoonPay companies are expanding domestically as well. Kraken relocated its worldwide headquarters to Cheyenne, Wyoming in June, naming the state’s digital asset-friendly stance as the reason.
MoonPay introduced a new headquarters in New York in April and had obtained licensing in all 50 states by June, enabling it to scale operations nationwide.

Policy Momentum Draws Industry Home

Reshoring is symptomatic of a broader rebalancing of US crypto policy. Underpinned by pro-innovation rhetoric and tangible reforms, the federal government is signaling that digital asset companies are once again welcome.
As top officials actively court growth, and industry responds with significant investments, the US is regaining its position as a global crypto hub.

Tags: Regulation
Chiwuike Owunwa

Chiwuike Owunwa

Chiwuike is a frontend programmer and writer with 3 years experience in the Web3. He's meticulous researcher, enthusiastic about Blockchain and the future of crypto, DeFi, and the Metaverse.

Related Posts

Exterior view of the Czech National Bank building in Prague, symbolizing the institution’s financial strategies and innovation.

Bank of England Governor Says Stablecoins Could Reduce Reliance on Banks

October 1, 2025

Andrew Bailey says stablecoins could reduce UK reliance on commercial banks by separating money from credit, signaling a...

blockchain

Spacecoin Executes First Blockchain Transaction Through Space

October 1, 2025

Spacecoin has achieved the first-ever blockchain transaction through space using a nanosatellite, marking a milestone for decentralization and...

The headquarters of the Autorité des Marchés Financiers (AMF) Investor in Paris, France, the regulatory body warning investors against ByBit.

French Officials Pressured Telegram to Censor Moldova Election Posts: Durov

September 28, 2025

Pavel Durov revealed French intelligence pressured Telegram to censor Moldova election content in 2024, which he refused, citing...

Wall Street financial district with Bitcoin symbol representing institutional adoption

Bitcoin skepticism fades as nations gear up for adoption, says Samson Mow

September 28, 2025

Samson Mow predicts nation-states will move from skepticism to rapid Bitcoin adoption, fueling global FOMO and a rush...

View All
BTC-Pulse LogoTransparent

© 2024 BTC-PULSE. Disclaimer: The content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.

Info

  • Learn
  • Price Prediction
  • Events
  • Press Releases
  • Sitemap

Company

  • About Us
  • Terms of Service
  • Privacy Policy
  • Contact Us
  • Advertise

News

  • Altcoins
  • Bitcoin
  • Ethereum
  • NFT
  • Regulation
  • WEB 3.0

©2024 BTC-PULSE – All right Reserved.

No Result
View All Result
  • About Us
  • Advertise
  • BTC-PULSE
  • Contact Us
  • Events
  • Privacy Policy
  • Sitemap
  • Terms of Service