Crypto Giants Return to the U.S. as 2025 Brings Regulatory Clarity

In 2025, amid a more favorable political climate and the prospect of clear regulations, eight major crypto companies are expanding or returning to the U.S. market. This move reflects optimism that pending legislative proposals in Congress – such as the STABLE Act and the GENIUS Act – will clarify the status of digital assets and encourage financial innovation.
Key players include Binance.US, which resumed dollar services after harsh 2023 sanctions. OKX restarted operations in the U.S. after paying a $500 million fine and implementing compliance measures. eToro is targeting a $4 billion IPO despite past SEC disputes.
Circle relocated its headquarters to New York to be closer to Wall Street ahead of a planned public listing. Meanwhile, Nexo is reentering after previous regulatory friction, and Andreessen Horowitz is shifting focus back to the U.S. after closing its London office. Coinbase acquired Deribit to gain entry into the derivatives market.
These developments mark a potential resurgence of the U.S. as a global hub for crypto and fintech.