JUST IN: 🇺🇸 CFTC Chair Mike Selig — "There is no better place in the world to build than the crypto capital of the world." — Neutral view, decide for yourself 👇
Quick context
CFTC Chair Mike Selig praised the idea of building in a leading crypto hub. That endorsement can be read as a strong vote for U.S. innovation or as optimistic rhetoric—here are solid reasons it could be true and reasons to be skeptical. ⚖️💬
Why it could be true ✅
- Regulatory clarity push: The CFTC’s supportive tone can encourage clear rules and safer markets, drawing builders and capital 🏛️➡️🚀.
- Deep market infrastructure: U.S. exchanges, custody providers, legal services, and institutional interest create a strong ecosystem for growth 🏗️💼.
- Talent & capital: Top VCs, engineers, and universities are concentrated in the U.S., speeding product development and scaling 👩💻💰.
Why it could be false ❌
- Fragmented regulation: Overlapping agencies (SEC, CFTC, state regulators) and uncertain token classifications can deter startups and investment ⚖️🔀.
- Compliance cost: High legal and compliance burdens in the U.S. may push builders to friendlier jurisdictions for faster iteration and lower risk 💸✈️.
- Global competition: Singapore, Switzerland, and other hubs offer progressive rules and tax incentives that attract crypto projects internationally 🌍🏝️.
Interactive — weigh in! 🗳️
- Quick poll: Do you agree with Selig?
- ✅ #BuildInUS
- ❌ #BuildElsewhere
- ➖ #TooEarlyToTell
React & discuss:
- React 👍 if you trust regulatory support, 👎 if you fear overregulation, 🤔 if undecided.
- Reply with a one-line view using #MyCryptoTake or drop your top country for builders with #CryptoCapital 🗣️
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