The Regulatory Arbitrage Race: Asia Moves While the US Stalls
Our read
While US regulators play political football with crypto, Japan and broader Asia are quietly building the institutional rails to permanently capture the digital asset economy. Capital does not wait for Washington to finish its tribal theater.
What happened
While the US Congress plays political football with the CLARITY Act, Japan and broader Asia are moving forward with institutional crypto rails, threatening US financial dominance.
The brief
The US is self-sabotaging its financial dominance, mistaking its current leverage for a permanent monopoly.
Key findings
The US is self-sabotaging its financial dominance, mistaking its current leverage for a permanent monopoly.
Their pitch: The US is the center of the financial world and its regulatory decisions will ultimately dictate the success of crypto.
The fight
Named sides below. The brief above already picked.
- US Regulators
The US is the center of the financial world and its regulatory decisions will ultimately dictate the success of crypto.
- Global Capital
The US is actively self-sabotaging its financial dominance, and capital is already flowing to jurisdictions like Japan.
Why now
Why now. X spikes following warnings from the architect behind BlackRock's Bitcoin ETF regarding Asia overtaking the US.