America’s crypto renaissance is already failing; but we can fix it

US blockchain innovators urgently require regulatory clarity and a modernized token-launch framework if the country's bid to lead the global crypto economy is to succeed.

Opinion by: Shane Molidor, Founder, Forgd

For years, launching a crypto project in the United States has been a maze of uncertainty. Legal ambiguity and a hostile regulatory environment have driven founders offshore, turning places like Switzerland and the Cayman Islands into global hubs for blockchain innovation. 

With Trump’s election, things finally started to change, with a US administration openly declaring its intention to be crypto-friendly. Yet, despite the rhetoric, nothing concrete has changed so far.

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