Crypto Giant Wintermute Enters NYC—Is US Policy Finally Shifting?
By: coin central|2025/05/16 00:00:15
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TLDRWintermute has opened a new office in New York to expand its operations in the United States.The company cited improved regulatory conditions as a key reason for entering the US market.Wintermute aims to play an active role in shaping the future of US crypto regulations.The firm appointed Ron Hammond as Head of Policy and Advocacy to lead its policy initiatives.Hammond previously worked on Capitol Hill and authored a major bipartisan crypto bill in 2021.Wintermute has expanded its operations to the United States by opening a new office in New York. The move reflects the firm’s response to improving regulatory conditions and increased digital asset adoption in the US. Wintermute aims to strengthen its role in shaping crypto policy through local presence and strategic appointments.Wintermute Targets US Growth Amid Regulatory ShiftWintermute opened its New York office on May 15, marking a key step in its global expansion strategy. The firm stated that improved US regulatory conditions influenced its decision to establish roots there. It plans to leverage its presence to contribute to the evolving digital asset framework actively.The company seeks to expand operations while engaging directly with regulators and lawmakers in Washington. Wintermute confirmed that discussions have already been held with the SEC Crypto Task Force to offer technical input. The company aimed to influence ongoing legislative developments that affect institutional crypto involvement.Wintermute’s CEO, Evgeny Gaevoy, stated that the firm is positioned to offer policy support across various digital asset categories. He highlighted that Wintermute remains neutral but experienced in the entire digital asset ecosystem. The firm believes this expertise will help shape practical, innovation-friendly policies in the US.New Policy Head Joins Wintermute’s Expansion StrategyWintermute appointed Ron Hammond as Head of Policy and Advocacy to support its US expansion. Hammond brings a decade of experience in crypto policy and legislative work in Washington, DC. He most recently worked at the Blockchain Association and previously served as a policy lead for Representative Warren Davidson.Wintermute is officially on the ground in the USWith 2,500 counterparties globally, we're already one of the biggest players in the US marketNow we’re excited to share that we’ve opened a New York office and brought on @RonwHammond as Head of Policy and Advocacy pic.twitter.com/P87LJZku1y— Wintermute (@wintermute_t) May 15, 2025Hammond also drafted the Token Taxonomy Act of 2021, the US’s first bipartisan-supported crypto regulatory proposal. Wintermute stated that his addition will strengthen its ability to navigate and influence federal policymaking. The company plans to work closely with lawmakers to support effective crypto regulation.Wintermute emphasized that a knowledgeable policy team ensures sound regulatory outcomes. It intends to continue offering guidance on upcoming crypto bills and technical standards. With Hammond on board, Wintermute expects to deepen its engagement on Capitol Hill.US Firms Expand as Regulatory Clarity GrowsWintermute is one of several major crypto firms expanding in the US following the 2024 presidential election. Since January, at least eight firms, including Binance.US, eToro, OKX, and Circle, have moved to grow their US presence. The trend reflects growing confidence in the current administration’s approach to digital asset regulation.The administration has prioritized crypto as a national issue, encouraging firms like Wintermute to engage more deeply in policy development. Wintermute noted that increased institutional participation requires supportive laws and stable enforcement environments. The firm said its work with lawmakers will help create an ecosystem that enables further innovation.Wintermute continues to monitor legislative activity, including progress on stablecoin-focused bills in Congress. The STABLE Act passed a key House committee in April and awaits further debate in the full chamber. Another bill, the GENIUS Act, failed to advance in early May, prompting increased industry engagement in Washington.The post Crypto Giant Wintermute Enters NYC—Is US Policy Finally Shifting? appeared first on CoinCentral.
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