Crypto Reshoring: US Regulatory Clarity Brings Firms Back
Crypto reshoring is gaining momentum as US regulatory clarity draws global digital asset firms back home. SEC Chair Paul Atkins and Treasury Secretary Scott Bessent have hailed a “golden age of crypto,” urging companies to re-establish US operations under clearer rules. Bulgaria-based NEXO resumed US market access in April, while derivatives platform Deribit and OKX relaunched after settlements and set up hubs in California.
Domestic players are expanding too. Kraken moved its global headquarters to Wyoming in June and MoonPay secured full licenses across all 50 states by April. Major mining hardware manufacturers—Bitmain, Canaan and MicroBT—plan to build ASIC production facilities in Texas or Florida by early 2026, leveraging state incentives.
For traders, this shift boosts crypto trading volumes, liquidity and dollar-denominated market depth. Tighter regulatory oversight and onshore mining distribution may tighten hardware supply but underpin long-term stability. Overall, clearer US regulation supports a bullish market outlook.
Bullish
Clearer US regulation and the return of major crypto firms signal increased liquidity and institutional interest, typically driving short-term price rallies. Over the long term, onshore operations and expanded mining capacity support network growth and market stability, reinforcing a bullish outlook.