The giant based on the Chicago Jump will restore US cryptocurrency operations to full force after its scaling back over the last few years due to regulatory and uncertainty examination.
As the jump maintains its digital trading assets and market activity activity in other parts of the world, the amount of crypto trade has now accelerated in the US, according to someone familiar with the situation. In addition, the jump is looking to hire a clutch of crypto engineers And the plans to start filling out US policy and the duties of a government dealing with due course, a second person said.
The previous US administration, assisted and removed by anti-crypto regulators and banking authorities, has made the best of the digital assets sector across the state-a situation quickly reversed under Donald Trump.
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Jump found herself in the midst of regulatory analysis at the end of the collapse of Terra Luna Stablecoin and FTX. This led to reports of a pullback in the US, including the Spin-out of Jump’s Wormhole Project and a dividing headcount In the Jump Crypto Division, which peeked nearly 150 staff in 2022, according to Bloomberg.
An interesting -friendly proposal for jump is the participation in the US Crypto ETF space, where the company has remained unmistakable.
Looking forward, a Solana (Sol) ETF is likely to be given at some point; Jump is known for investing and developing Solana’s ecosystem, such as projects such as Fireredancer, The software designed to improve the transaction throughput to the blockchain.
Jump refused to comment.
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