BREAKDOWN: Hasta La Vista, U.S.! Crypto Companies Look Abroad

U.S. crypto leaders are heading offshore due to unclear rules and regulatory capture by the Securities and Exchange Commission.

This week Coinbase was on tour in the U.K. and also announced a new Bermuda license, through which it will supposedly soon announce a new derivatives offering. NLW recaps the contrast between the increasingly open arms from the rest of the world and the cold aggressive stance of U.S. regulators. 

“The Breakdown” is written, produced and narrated by Nathaniel Whittemore aka NLW, with editing by Michele Musso and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor today is “Foothill Blvd” by Sam Barsh. Image credit: by CoinDesk. 

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