Crypto VC Capital Flees US Regulations for El Salvador, Dubai and Japan
Venture capital for cryptocurrency projects is migrating from the US to jurisdictions like El Salvador, Japan, Dubai and Abu Dhabi as founders geofence American investors to avoid SEC enforcement. Investor Tim Draper says US securities laws treat all crypto assets as securities, forcing innovators to exclude US participation while competing nations welcome blockchain startups.
ViaNews Editorial Team (Markets)•