Winter mute, an algorithmic firm of cryptocurrencies based in London, has opened an office in New York as part of its expansion to the United States.
Winter Mute announced the opening of his New York office on May 15, citing better regulatory conditions in the world’s largest economy.
“As the United States adopts a more friendly position on digital assets and institutional adoption, we quickly moved to establish roots in New York City,” the company wrote in a position of May 15 x, and added that the local presence becomes “contributing to” the future to the future to the future “that contributes to the future to the futureteteteration” “
“We are eager to continue our growth and play an integral role in the US market,” according to Evgeny Gaevoy, CEO of Wintermute. “As a neutral player with a deep experience in all digital areas or assets, we believe that we are well positioned to give our experience in Capitol Hill.”
As part of the company’s expansion, Winter Mute has appointed Ron Hammond as his new Chief of Policy and Defense, who brings “ten years of experience in the configuration of the cryptography policy in Capitol Hill,” the company announced.
Hammond was previously the senior director of government relations and institutional participation in the Blockchain association and the policy leader for American representative Warren Davidson.
Hammond was also the author of the 2021 Token Taxonomy Law, the first cryptographic regulatory bill supported by bipartisan in the United States.
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More and more cryptographic companies have expanded to the United States from President Donald Trump Tok’s office on January 20 after winning the 2024 presidential elections.
Duration in his campaign, Trump said his administration intends to make cryptography policy a national priority, reinforcing the expectations of cryptographic regulations more friendly with innovation for the next four years.
At least eight large cryptographic companies have announced their expansion in the United States so far this year, banking the growing regulatory clarity. These include Binance.us, Etoro, OKX Exchange, Nexo, Circle, Crypto.com and A16z, Cointelegraph reported on May 11.
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Mute winter with the Crypto task force of sec.
Winter Mute said it aims to contribute to the emerging regulatory framework in the United States.
“We have already with the SEC cryptographic working group and we offer continuous technical contributions and contributing to key legislative efforts,” said the company, added that these are “essential for continuous institutional participation.”
Meanwhile, the participants of the cryptographic industry expect progress in transparency and responsibility for a better accounting economy law (stable).
The stable law approved the Chamber Financial Services Committee in a 32-17 vote on April 2 and currently awaits debate programming and a flat vote in the representatives.
However, a second piece of key legislation, the guide and establishment of national innovation for the US stable, or the genius law, initially failed to obtain enough support from the Democrats on May 8, promising at least to bring together the founders to meet.
Despite the stagnant Legilation of Stablecoin, “the impulse towards the regulation remains active in both cameras,” Nxo Dispatch, Iliya Kalchev, told Caintelegraph.
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