More than 50% of top crypto companies call U.S. home, despite intensifying regulation, study shows - Aliens: AI Crypto News & Markets Updates
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More than 50% of top crypto companies call U.S. home, despite intensifying regulation, study shows

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MarketWatch

Tue, Jan 18, 2022

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Crypto investors may be hoping their investments go to the moon but more than half of the world’s largest crypto companies are U.S. based.

A total of 28 of the top 50 crypto companies, based on valuations, are domiciled in the U.S., according to a recent report by research firm Crypto Head .

Coinbase is a cryptocurrency exchange, the largest in the U.S., while Robinhood is a traditional brokerage that allows users to buy and sell crypto assets.

I just want all this stuff to happen here (in the U.S.)” Crypto watchers highlighted the situation in China, where several crypto companies moved their headquarters out of the country because of Beijing’s crypto ban.

FTX, the fourth most valued crypto company with a $25 billion valuation, according to Crypto Head’s report, moved its base to the Bahamas from Hong Kong in September 2021 for a more friendly regulatory environment.

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