After years of seeing crypto firms shift operations overseas, the U.S. is starting to see a reversal.
Clearer rules, friendlier rhetoric, and direct appeals from top officials in President Donald Trump’s administration are drawing companies back.
In a speech at the America First Policy Institute, SEC Chair Paul Atkins urged the industry to “reshore the crypto businesses that fled,” echoing the administration’s push to make the U.S. a global center for digital assets. Treasury Secretary Scott Bessent went further, declaring the country had entered a “golden age of crypto” and encouraging entrepreneurs to launch and hire domestically.
The combination of policy clarity and political backing is already influencing corporate decisions. Bulgaria’s Nexo has re-entered the U.S. market after years away, citing improved regulatory conditions.
Some of the biggest names in the industry are making more permanent moves. Seychelles-based OKX relaunched its U.S. operations in June with a new headquarters in San Jose after settling with regulators for $500 million. Chinese mining giant Bitmain has announced plans for its first U.S. ASIC production facility by early 2026, alongside a new headquarters in Texas or Florida. Other major manufacturers—Canaan and MicroBT—are also shifting production stateside.
Deribit, the Netherlands-based derivatives exchange, is eyeing U.S. expansion, while Wintermute, a London-based algorithmic trading firm, has opened a New York office.
U.S.-based companies are scaling up as well. Kraken relocated its global headquarters to Cheyenne, Wyoming, while MoonPay moved into a larger New York City base and secured licensing to operate in all 50 states.
Together, these moves signal a shift in the industry’s relationship with the U.S., with both domestic and international players positioning themselves to benefit from what policymakers hope will be a new era of crypto growth on American soil.
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Alexander Zdravkov
Reporter at Coindoo
Alexander Zdravkov is a person who always looks for the logic behind things. He is fluent in German and has more than 3 years of experience in the crypto space, where he skillfully identifies new trends in the world of digital currencies. Whether providing in-depth analysis or daily reports on all topics, his deep understanding and enthusiasm for what he does make him a valuable member of the team.
Source: https://coindoo.com/trump-era-policies-spark-wave-of-crypto-company-relocations-to-u-s/