According to the Wall Street Journal, crypto executives are adapting their growth strategies as the U.S. market becomes a challenging terrain due to increased regulatory scrutiny. This shift is exemplified by major players like Ryze Labs, Ripple Labs, and Zodia Markets, who are now setting their sights on opportunities beyond American borders.
Ben Todar, notable crypto commenter, successful entrepreneur and CEO of a blockchain-based gaming ecosystem, said the lawsuit against Binance, the largest crypto exchange in the world, sparks concerns that the US Securities and Exchange Commission (SEC) is trying to protect traditional financial institutions by crushing the U.S. crypto industry.
Balaji Srinivasan, the former Chief Technology Officer of Coinbase, recently settled a million-dollar bet in what he stated was an attempt to raise awareness about the potential risk of hyperinflation in the economy.
