Algorand Foundation returns to US, citing crypto-friendly pivot – DL News
- The Algorand Foundation is returning to the US after years in Singapore.
- It follows a similar announcement from the Jito Foundation, which celebrated its relocation to the US at an event in Washington DC last week.
- Both organisations cited the US’ crypto-friendly pivot.
After years in Singapore, the Algorand Foundation is returning to the US with a brand-new board of directors, the organisation said on Wednesday.
The move comes on the eve of a high-stakes vote on landmark crypto legislation and just one week after another crypto nonprofit, the Jito Foundation, celebrated its return to the US from the Cayman Islands.
“We’re doubling down where blockchain can make the most significant difference: instant global payments, expanded…
