Editor's PiCK

"Come Back to America"... The Trump Administration Encourages Cryptocurrency Firms to Return to the U.S.

Source
Suehyeon Lee

Summary

  • Paul Atkins, Chair of the U.S. SEC, called for cryptocurrency firms to return to the United States.
  • Treasury Secretary Scott Bessent mentioned entering a golden age of virtual assets and encouraged companies to increase their activities in the U.S.
  • This stance was assessed as reflecting the Trump administration’s digital asset industry development strategy and the U.S.'s ambition to become a global hub.

U.S. regulatory officials have officially called for the reshoring of the virtual asset (cryptocurrency) industry.

According to Cointelegraph on the 2nd (local time), Paul Atkins, Chair of the U.S. Securities and Exchange Commission (SEC), emphasized in a speech at the America First Policy Institute the previous day, "We must bring back the virtual asset (cryptocurrency) companies that have left the U.S."

Treasury Secretary Scott Bessent also stated, "The U.S. has entered a golden age of virtual assets," and delivered a direct message to the industry: "Start your business in America, launch your protocols here, and hire your talent here."

The media evaluated these remarks as supporting the Trump administration's digital asset industry development strategy and reflecting the determination to make the U.S. a global virtual asset hub.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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