As long as crypto continues to exist, ordinary Americans will find ways to buy and trade it, venture capitalists will invest in it, and entrepreneurs will build projects around it. If the U.S. can’t get its act together, domestic crypto projects will just operate in a gray area, and Americans will turn to offshore entities with potentially weaker safeguards. In other words, if the SEC is serious about U.S. investor protection, it would make more sense to keep crypto businesses at home.
