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Apex Group CEO Warns U.S. Crypto Legislation Failure Will Drive Business to Asia and Middle East
Apex Group CEO Peter Hughes warns that the failure of the U.S. Clarity Act will lead to digital asset businesses moving to faster-moving jurisdictions in Asia and the Middle East. Hughes, founder and CEO of Apex Group, a global financial firm, says Europe will not benefit from Washington’s setback despite having its own rules in place since July 1. He believes faster-moving jurisdictions could attract business that might otherwise have gone to the United States.