Trading Titan Jump Is Regrouping Its U.S. Crypto Efforts, Insiders Say

Chicago-based trading giant Jump is returning its U.S. cryptocurrency operations to full strength after scaling it back over the past couple of years due to regulatory scrutiny and uncertainty.
While Jump has maintained its digital assets trading and market-making activity in other parts of the globe, crypto trading volume is now accelerating in the U.S., according to a person familiar with the situation. In addition, Jump is looking to hire a clutch of crypto engineers and plans to start filling U.S. policy and governmental liaison roles in due course, a second person said.
The previous U.S. administration, aided and abetted by anti-crypto regulators and weaponized banking authorities, did its best to choke off the digital assets sector across the States—a situation rapidly reversed under Donald Trump.