Moves its US Headquarters from New York City to Miami due to Progressive Regulatory Environment

Peter Smith, Co-founder and CEO at, a leading crypto wallet provider, block explorer service, and digital asset trading platform, revealed on Thursday (June 3, 2021) that he joined Miami Mayor Francis Suarez in order to announce that is “the first global crypto company to officially move” its US headquarters from New York City to Miami.

Smith noted in a blog post:

“It’s hard to ignore the “Miami Movement” that has attracted attention, talent, and funding — and we want to participate in a big way. Why move our U.S. HQ? First, Miami a prime location for as the city has a welcoming regulatory environment that will help fuel crypto innovation. Next, Mayor Suarez has been a vocal proponent for tech investment in the region, even pushing for the state’s first financial regulations for cryptocurrency.”

Smith added that the team commend Suarez for such efforts, and for “seeing the true potential” that crypto and blockchain or distributed ledger tech (DLT) has to connect the world to the “future of finance.”

He also mentioned that one of the leading financial centers for Latin America (LatAm), Miami “serves as an ideal location for recruiting.”

Smith further revealed:

“Speaking of recruiting, we have aggressive plans for the Miami job market. By the end of this year, we plan to hire 100 full-time employees. And next year alone, we plan to hire another 200. Visit our jobs page to see our openings, including engineering, design, product, financial operations, customer support, and marketing.”

He added:

“To truly join the fabric of Miami’s business community, we also have plans to give back. We’ll be making investments to support the local STEM community via education programming. Stay tuned for more details. Couldn’t be more excited to be here in Miami and look forward to building the future of finance together.”

As covered last month, the team had explained the difference between non-custodial and trading digital asset wallets on its platform.

As reported in March 2021, revealed that it supports instant transfers in the US and Faster Payments in the United Kingdom.

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