Disregarding the terrible US regulations, and especially in the face of the Binance and Coinbase lawsuits, crypto firms are nevertheless expanding worldwide. Hong Kong and the UAE are of particular interest

Crypto firms in the US have difficult times for obvious reasons. In spite of this, or perhaps because of it, many firms are expanding to other place. A lot of this has occurred around and mostly after the most recent crackdown on Coinbase and Binance.

• Crypto.com received a Digital Token License in Singapore as well as in Spain
• OKX expects to be operational in Dubai within the year and has also applied for regulatory approval in France
• JPEX is applying for a crypto trading license in Hong Kong
• Gemini is expanding to UAE
• BitMEX plans to apply for Hong Kong virtual asset trading license
• Bitget also aims for Hong Kong license and has expanded to Turkey
• Ripple also received an in-principle Singapore Payments License
• Bybit secured a license in Cyprus