Cameron Winklevoss, co-founder of U.S. cryptocurrency exchange Gemini, believes that the next crypto-bullrun will come from the East. He wrote on his Twitter:

My working thesis at this point is that the next bull run will start in the East. It will be a humbling reminder that crypto is a global asset class.

"The West, in fact the U.S., has always had only two options: embrace it or get left behind. Crypto cannot be stopped. We know that," he stressed.

"Any government that doesn't offer clear rules and honest leadership will be brought down to dust. Quickly. It will mean that we will miss the greatest period of growth since the advent of the commercial Internet," the Gemini co-founder continued. "And it will mean missing the opportunity to shape and be a fundamental part of the future financial infrastructure of this world (and beyond)."

The U.S. Securities and Exchange Commission (SEC) has come under scrutiny following its recent enforcement actions against crypto companies. On Feb. 9, the regulator charged cryptocurrency exchange Kraken with its betting program and Paxos a few days later with its Binance USD (BUSD) stablecoin. The SEC also took action against Gemini in January for allegedly offering and selling unregistered securities to retail investors through its "Earn" crypto asset lending program.

Many cryptocurrency advocates, including SEC Commissioner Esther Pearce and several lawmakers, have expressed their concern that the SEC does not provide clear rules for crypto companies to comply. Instead, the Commission has decided to take a punitive enforcement approach to regulating the crypto industry.

Meanwhile, a growing number of jurisdictions in Asian countries are making efforts to become crypto-hubs, including Hong Kong, Singapore and South Korea's second-largest city, Busan. Several places in Europe are also seeking to establish themselves as crypto-hubs. A recent study by cryptocurrency firm Recap rated London as "the most crypto-ready city."

Coinbase cryptocurrency exchange CEO Brian Armstrong said last week that the U.S. risks losing its status as a financial hub if there is no clear crypto regulation. He and Kraken's CEO urged Congress to act soon to pass clear crypto legislation.

In fact, the SEC has sued and threatened to sue two dozen crypto companies this year, including Tether, Paxos, Binance, Kraken, Gemini, Ripple Labs and several others. But none of the persecuted companies ditched customers or went bankrupt or closed offices.

Surprisingly, however, the SEC saw nothing wrong in the actions of Alameda, FTX, Robinhood, and the massive theft of cryptocurrency and two dozen other major companies that simply went bankrupt or fled in an unknown direction, taking hundreds of billions of dollars of their customers with them.

There are big doubts about the competence of the planet's main crypto-regulator. It has not prevented a single bankruptcy or fraud, yet it has hit all successful crypto projects one by one.

Because this lying hydra has two tasks: to cover all megascammers and crooks in crypto and the second one - to destroy crypto market, undermine investors trust, repressions, courts and intimidation. And all in the name of the main third task, which is not declared in the official documents: "In the name of the monopoly and prosperity of the Fed's fraudulent casino."

Look at this man's face. He looks more like a station thief or a provincial info-gypsy selling personal productivity, successful success and his way to himself at the same time.

вывод... эта компания не владеет ситуацией... а значит не лигитимна и плохая. создадим другую.... в Китае