The US is seeing a surge of crypto companies returning to the country, with top officials signaling a shift towards friendlier regulation and domestic growth. SEC Chair Paul Atkins called on the government to “reshore” crypto businesses that fled abroad, as part of broader efforts by the administration to position the US as a global hub for digital assets.
The move is backed by clearer regulations and high-level political support, with companies such as Kraken and MoonPay expanding their domestic footprint. The US SEC has also launched “Project Crypto,” an initiative to modernize the agency’s rules for digital assets and establish clear regulations in the US.
Deloitte’s Q2 2025 survey of CFOs found that 99% expect to use crypto for business in the long term, with 23% planning to use it within two years. However, concerns about price volatility top the list, with finance chiefs citing it as a primary barrier to adopting non-stable cryptocurrencies.
The UK’s Financial Conduct Authority has lifted its ban on retail access to cryptocurrency exchange-traded notes (cETNs), allowing companies in the country to offer retail consumers these products starting Oct. 8. The US Treasury Secretary has also expressed support for crypto companies, calling for them to “start their companies here” and “launch their protocols here.”
Meanwhile, CoinDCX employee Rahul Agarwal was arrested in connection with a $44 million crypto hack, while XRP may be gearing up for a short-term rebound due to signs of a bullish divergence. The total market cap is currently at $3.71 trillion, according to CoinMarketCap.
As the industry continues to grow and evolve, regulators are taking notice and adjusting their policies accordingly. With clearer regulations in place and high-level support from officials, the US is poised to become a major player in the global crypto landscape.
Source: https://cointelegraph.com/news/xrp-price-surge-crypto-firms-return-us-hodlers-digest