Many crypto market participants criticize the U.S. government for its harsh approach to regulating the industry.
Circle CEO Jeremy Alleir recently said in an interview with Bloomberg that blockchain companies will be leaving the U.S. in droves for other countries that create a more comfortable environment for businesses focused on digital currencies and decentralized technology.
Franklin Templeton CEO Jenny Johnson at a conference hosted by CoinDesk also commented on the U.S. administration’s strict approach to crypto-regulation issues.