The road to Jito Labs' return may explain many issues.
This foundation has not had an easy time over the years. Due to the general "coldness" of American financial institutions, they were forced to shift their main operations overseas. Banks refused to provide accounts and services, vendors declined to sign contracts, and product development was fraught with difficulties—always at risk of being hit by legal actions from regulators. Essentially, they endured in a hostile environment.
But the situation is changing. The foundation recently announced plans to return to the US, with a straightforward reason: the US finally has a clearer regulatory framework for digital assets.
Jito Labs co-founder Lucas Bruder explained that the real turning points were twofold: first, the passage of the GENIUS stablecoin bill; second, the drafting of the Crypto Market Structure Act. These two bills are like a reassurance for the entire industry—at least in terms of regulatory expectations, things are becoming more transparent.
From hiding abroad to having the confidence to return home and plan, this shift reflects a substantial easing of the US regulatory stance. For many crypto teams struggling overseas, the reopening of this door means new opportunities.
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ApeWithNoFear
· 12-18 02:54
It's the story of the US loosening regulations again... But this time it seems serious. Jito daring to go back means everything is probably settled.
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NftDeepBreather
· 12-18 02:50
Well, now the US is finally not pretending anymore. The previous "indifference" was really outrageous. Now, coming back to flatter seems more sincere and genuine?
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TeaTimeTrader
· 12-18 02:34
This move by the US is truly loosening restrictions on crypto. The teams that were pushed overseas can finally breathe a sigh of relief.
The road to Jito Labs' return may explain many issues.
This foundation has not had an easy time over the years. Due to the general "coldness" of American financial institutions, they were forced to shift their main operations overseas. Banks refused to provide accounts and services, vendors declined to sign contracts, and product development was fraught with difficulties—always at risk of being hit by legal actions from regulators. Essentially, they endured in a hostile environment.
But the situation is changing. The foundation recently announced plans to return to the US, with a straightforward reason: the US finally has a clearer regulatory framework for digital assets.
Jito Labs co-founder Lucas Bruder explained that the real turning points were twofold: first, the passage of the GENIUS stablecoin bill; second, the drafting of the Crypto Market Structure Act. These two bills are like a reassurance for the entire industry—at least in terms of regulatory expectations, things are becoming more transparent.
From hiding abroad to having the confidence to return home and plan, this shift reflects a substantial easing of the US regulatory stance. For many crypto teams struggling overseas, the reopening of this door means new opportunities.