CoinVoice latest learns that the Algorand Foundation announced on Wednesday that it would move its headquarters from Singapore back to the United States and establish a new board of directors. This move follows Jito Foundation’s return to the US from the Cayman Islands last week.
Both organizations stated that the shift in US crypto policy towards a more friendly stance was a key factor in their decision to return. Algorand Foundation CEO Staci Warden said that this move aims to ensure the United States’ leadership in next-generation financial infrastructure, focusing on instant global payments, the proliferation of financial products, and economic resilience.
This decision comes as the US Senate Banking Committee is about to vote on landmark crypto legislation. Jito Labs CEO previously pointed out that after President Trump took office, US crypto policy experienced a 180-degree shift, creating a favorable environment for crypto companies to return.
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La Fondation Algorand annonce son retour aux États-Unis depuis Singapour et la constitution d'un tout nouveau conseil d'administration
CoinVoice latest learns that the Algorand Foundation announced on Wednesday that it would move its headquarters from Singapore back to the United States and establish a new board of directors. This move follows Jito Foundation’s return to the US from the Cayman Islands last week.
Both organizations stated that the shift in US crypto policy towards a more friendly stance was a key factor in their decision to return. Algorand Foundation CEO Staci Warden said that this move aims to ensure the United States’ leadership in next-generation financial infrastructure, focusing on instant global payments, the proliferation of financial products, and economic resilience.
This decision comes as the US Senate Banking Committee is about to vote on landmark crypto legislation. Jito Labs CEO previously pointed out that after President Trump took office, US crypto policy experienced a 180-degree shift, creating a favorable environment for crypto companies to return.