US cryptocurrency sector risks being left by the wayside

The US leads on many things, from political partisanship to technological innovation, but if there is one field where the country risks being left behind, it’s the burgeoning cryptocurreny sector. Although crypto took a significant reputational hit in 2022 on the back of various crises, from the two-trillion-dollar market dip to FTX’s incredible collapse, institutional crypto firms, a heady mix of centralised exchanges, Web3 developers, banks and other innovators, have continued to build.