He warned that other firms are doing the same.
“I think certainly in the short run, we’re going to look to move people out of the U.S. overseas. And lots of companies are,” Novogratz said Crypto companies including Gemini have made headwinds abroad, with the exchange announcing last month that itto build out its Singapore office by hiring more than 100 employees over the next year. This comes as the U.S. Securities and Exchange Commission has brought charges against big names in crypto including Coinbase and Binance, with many crypto advocates saying increased regulatory clarity is needed.
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