U.S. Regulatory Crackdown Sees Institutional Investors Prefer Gold to Bitcoin: JPMorgan
Briefly

The U.S. regulatory crackdown is pushing American crypto firms to look for opportunities overseas, JPMorgan (JPM) said in a research report Thursday."The U.S.-based arm of Binance has called off its deal with Voyager, while Coinbase launched Coinbase International, a crypto derivatives exchange outside the U.S., as a proactive measure in response to rising U.S. regulatory pressures," analysts led by Nikolaos Panigirtzoglou wrote.
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