US risks losing the crypto race to UAE, Korea, Aus and Switzerland: Ark By Cointelegraph
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The United States risks losing its position as a leader in the cryptocurrency race against countries including the United Arab Emirates, Korea, Australia and Switzerland,warns Ark Invest analyst Yassine Elmandjra.
In a May 22 note to Ark Invest clients, Elmandjra looked to the recent crypto-related pullback of trading firms Jane Street and Jump Trading as the early signs of a broader reaction to precarious regulation in the country.
Continue Reading on Coin Telegraph
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The United States risks losing its position as a leader in the cryptocurrency race against countries including the United Arab Emirates, Korea, Australia and Switzerland,warns Ark Invest analyst Yassine Elmandjra.
In a May 22 note to Ark Invest clients, Elmandjra looked to the recent crypto-related pullback of trading firms Jane Street and Jump Trading as the early signs of a broader reaction to precarious regulation in the country.
Continue Reading on Coin Telegraph