According to new political conditions and established regulations, numerous crypto companies are returning to the U.S. market.
New Policies and Government Support
In his speech at the America First Policy Institute, SEC Chair Paul Atkins urged the industry to return, emphasizing the importance of bringing back crypto businesses that left the country. Meanwhile, Treasury Secretary Scott Bessent declared that the U.S. is entering a 'golden age of crypto,' highlighting support for entrepreneurs to launch and create jobs domestically.
Return of Major Players to the Market
Several major companies have already started their efforts to restore their presence in the U.S. Bulgarian company Nexo has returned to the U.S. market after several years away, citing improved regulatory conditions. Seychelles-based OKX has relaunched its U.S. operations, establishing a new office in San Jose after settling with regulators for $500 million.
Changes in American Companies
U.S.-based companies are also scaling up. Kraken has relocated its headquarters to Cheyenne, Wyoming, while MoonPay has expanded its presence in New York City and secured licensing to operate in all 50 states. These changes signify a new approach to engagement with the crypto industry.
The return of crypto companies to the U.S. indicates a shifting dynamic in the sector and potential growth for a new crypto economic environment, supported by clear regulatory conditions and government backing.
