Apex Group CEO Peter Hughes warned that the failure of the U.S. Clarity Act will drive digital asset businesses toward faster-moving jurisdictions in Asia and the Middle East. The U.S. risks losing digital asset business to faster-moving jurisdictions in Asia, the Middle East and Bermuda after the Senate failed to advance the Clarity Act, Apex Group CEO Peter Hughes said. Hughes said Europe’s crypto rules remain restrictive, while Saudi Arabia is emerging as a tokenization hub by opening its re…
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