Article Summary by TokenPost.ai

🔎 Market Interpretation

Jito Foundation, a developer of MEV (Maximum Extractable Value) infrastructure based on Solana (SOL), has relocated its headquarters back to the United States, citing the improvement of the regulatory environment for digital assets in the U.S. This is interpreted as a signal that the cryptocurrency business environment in the U.S. is shifting towards a more positive direction than before.

💡 Strategy Highlights

As regulatory changes in the United States occur, if there is an increase in cryptocurrency projects and enterprises returning, market expectations for inclusion in the mainstream financial system may rise. Special attention should be paid to the potential expansion of advanced blockchain technologies such as MEV.

📘 Terminology Explanation

MEV (Maximum Extractable Value): The profit that can be obtained by controlling the order of transactions on the blockchain. It generates revenue through operations such as arbitrage or front-running by manipulating transaction order or whether to include transactions.

Operation Chokepoint 2.0: Measures taken by the U.S. government to suppress the development of the industry by restricting banking access for cryptocurrency businesses.

The non-profit organization Jito Foundation, supporting development on the Jito platform, announced its return to the United States. The reason given is that the 'clarity' of digital asset regulation in the U.S. has improved. This is interpreted as a signal that the U.S. government's cryptocurrency policy tone has somewhat eased compared to the past.

Jito is a project that builds 'Maximum Extractable Value (MEV)' infrastructure on the Solana (SOL) network. MEV is a method of obtaining additional profits through arbitrary adjustments to the order of transactions on the blockchain for operations such as arbitrage or front-running. This subtle trading strategy is achieved by traders or validators manipulating the position of specific transactions before generating blocks.

The Jito Foundation originally operated in the United States but had to move overseas due to stringent financial regulations targeting the cryptocurrency industry. Lucas Bruder, co-founder and CEO of Jito Labs, revealed that at that time, U.S. banks refused to provide services for cryptocurrency-related businesses, making it difficult for the Jito project to even sign contracts with suppliers. He candidly stated on social media: 'Banks were unwilling to deal with us, and suppliers refused to sign contracts,' and 'Every product decision faced unpredictable legal risks due to the volatility of regulatory agencies.'

This aligns with the U.S. government's 'Operation Chokepoint 2.0' policy between 2022 and 2023. This policy created a substantial 'de-banking' effect by blocking financial access to the entire cryptocurrency industry. As a result, many blockchain businesses were pushed out of the banking system and had to leave the United States, relocating their bases overseas.

The Jito Foundation's return to the United States suggests that this trend is changing. Particularly considering that President Trump has shown a friendly stance towards cryptocurrencies and advocates for easing related regulations centered around the Republican Party, some analysts believe that the return of businesses may officially be initiated. Therefore, the growth environment for technology-focused projects within the United States is expected to see partial recovery.

TP AI Notes

This article utilizes a language model based on TokenPost.ai for article summarization. The main content of the text may be omitted or deviate from the facts.