US has Already Ceded Dominance in Bitcoin Trading

“Currently, the top four bitcoin exchanges by volume are located outside of the US, with the world’s leading exchange based in China.  Less than 2% of worldwide bitcoin trading and real-time market making occurs within the US jurisdiction.  All four of the world’s leading exchanges have demonstrated a capacity for serious, engaged banking relationships that would have been unobtainable in the United States.  We have arrived at the point where the US jurisdiction must strategically evaluate a path going forward. Either they enable a climate that appeals to bitcoin exchanges and businesses or they maintain barriers that silently drive innovation in the space overseas.”

http://www.coindesk.com/us-already-ceded-dominance-bitcoin-trading/

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