According to Bloomberg’s sources, Coinbase has informed its institutional clients about the intentions of setting up a new trading platform offshore. Due to its tight regularity environment, the U.S. has made it difficult for crypto firms to conduct business.
The community believes the U.S. will miss out on crypto innovation with its strict stance.
If the US continues down this path of shunning crypto… crypto innovation will not take place in the US and move overseas (Singapore, Dubai, India, others) The US has been the hub of tech innovation over the last 2 decades because the US did not shun tech in the 2000s #Crypto https://t.co/ZYbZwGGEhe — Flip

