The Jito Foundation announced its return to the United States, citing "clearer rules" for digital assets in the US.

According to ME News, on December 18th (UTC+8), the Jito Foundation, a non-profit organization supporting the Jito platform, announced its return to the United States due to "clearer rules" for digital assets. Lucas Bruder, co-founder and CEO of Jito Labs, stated that during "Operation Chokepoint 2.0," the cryptocurrency industry faced a banking blackout, forcing the Jito Foundation to operate overseas. He pointed out, "Banks didn't provide us with services, and suppliers didn't sign contracts with us. Every product decision faced real but unquantifiable legal risks from hostile and capricious regulators who have acted arbitrarily." He also mentioned that the passage of the GENIUS stablecoin bill and the ongoing drafting of a crypto market structure bill are reasons for the Jito Foundation's decision to return to the United States. (Source: ME)