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Is the US trying to kill crypto?
Maybe. Three years ago, the majority of the firms in the sector that Andrew Durgee's company invested in were based in the US. This year, he estimates that just one out of every 10 will be - a reflection of his firm's judgement that the country has been growing increasingly hostile to digital assets such as cryptocurrencies and tokens. "The administration really has a target on the industry," says Mr Durgee, managing director of the crypto division for tech firm Republic. "The regulatory uncertainty makes the investments in the US higher risk." The sector was already under pressure, after prices of virtual ... (full story)
