🔎 Market Analysis
The Jito Foundation, a developer of Solana (SOL)-based MEV (Maximum Extractable Value) infrastructure, has moved its headquarters back to the United States, citing the need to improve the regulatory environment for digital assets in the country. This is interpreted as a sign that the cryptocurrency business environment in the U.S. is shifting in a more positive direction than before.
💡 Key Strategies
With changes in US regulations, if more cryptocurrency projects and companies return to the mainstream financial system, market expectations for their integration may rise. Particular attention should be paid to the potential expansion of the foundation for advanced blockchain technologies such as MEV.
📘 Terminology Explanation
MEV (Maximum Extractable Value): The profit that can be obtained by controlling the order of transactions on the blockchain. Profits are generated through arbitrage or front-running by manipulating the order of transactions or whether transactions are included.
Operation Chokepoint 2.0: A measure taken by the U.S. government to suppress the development of the cryptocurrency industry by restricting bank access for cryptocurrency companies.
The Jito Foundation, the non-profit organization that supports the Jito platform, announced its return to the United States. The reason given is the improved "clarity" of digital asset regulation in the US. This is interpreted as a signal that the US government's cryptocurrency policy stance has softened somewhat compared to the past.
Jito is a project that builds "Maximum Extractable Value (MEV)" infrastructure on the Solana (SOL) network. MEV is a method to obtain additional profits by arbitrage or front-running transactions by arbitrarily adjusting the order of transactions on the blockchain. This subtle trading strategy is achieved by traders or validators manipulating the position of specific transactions before a block is generated.
The Jito Foundation originally operated in the United States, but was forced to relocate overseas due to stringent financial regulations targeting the cryptocurrency industry. Lucas Bruder, co-founder and CEO of Jito Labs, revealed that at the time, US banks refused to provide services to cryptocurrency-related businesses, and even the Jito project struggled to secure contracts with suppliers. He frankly stated on social media, "Banks wouldn't even do business with us, and suppliers refused to sign contracts," adding, "Every product decision faced unpredictable legal risks due to the volatile nature of regulatory agencies."
This aligns with the U.S. government's "Operation Chokepoint 2.0" policy implemented between 2022 and 2023. This policy, by blocking financial access for the entire cryptocurrency industry, effectively "de-banked" the sector. This resulted in numerous blockchain companies being squeezed out of the banking system and forced to leave the United States, relocating their bases overseas.
The Jito Foundation's return to the United States suggests a shift in this trend. Especially given President Trump's pro-cryptocurrency stance and Republican-led advocacy for deregulation, some analysts believe the return of these companies may be on the verge of formal implementation. Therefore, a more favorable environment for the growth of technology-focused projects within the US is expected to partially recover.
TP AI Precautions
This article uses a language model based on TokenPost.ai to generate an article summary. The main content of the text may be omitted or may differ from the facts.
