SEC Chair Aktins calls to ‘reshore crypto’ as companies move back to the US

Key Points

1. SEC Chair Paul Atkins called for crypto businesses to return to the US during a speech at the America First Policy Institute.

2. Several global crypto companies, including Nexo, Deribit, Wintermute, OKX, and Bitmain, are expanding or relocating operations to the US.

3. US-based firms like Kraken and MoonPay are also scaling up domestic operations, with Kraken moving its headquarters to Wyoming and MoonPay expanding to New York.

4. The trend is driven by clearer regulations and high-level political support under the Trump administration, aiming to position the US as a global crypto hub.

5. Bitmain plans to open its first US-based ASIC production facility by early 2026, joining other major mining hardware manufacturers in shifting production to the US.