Wintermute, a London-based algorithmic trading and market-making firm, has established an office in New York as part of its expansion into the US market. The company announced this move on May 15, highlighting improved regulatory conditions for digital assets in the US. As institutions increasingly embrace digital assets, Wintermute aims to contribute to shaping future regulations. CEO Evgeny Gaevoy expressed excitement about playing a significant role in the U.S. market, emphasizing that Wintermute is well-equipped to offer its expertise on regulatory matters. The firm has appointed Ron Hammond as its head of policy and advocacy, who previously worked on crypto policy in Washington, D.C. The firm has already engaged with the SEC Crypto Task Force and intends to continue offering technical input on essential legislation that encourages institutional participation. Despite some stalled stablecoin legislation, industry analysts note active momentum toward regulatory clarity, with several crypto firms expanding into the US amid these developments.

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