Jito Labs co-founder: Jito Foundation’s core operations will be relocated back to the United States
Foresight News reported that Jito Labs co-founder buffalu tweeted that after more than a year of in-depth policy work and lobbying education with industry allies, the team will move the core operational business of the Jito Foundation back to the United States. "Previously, banks refused to provide us with services. Vendors refused to sign contracts with us. Every product decision faced legal risks from regulators. So we began to transform, moving our core business overseas, leaving only the code domestically. After years of uncertainty, Washington has finally introduced a clearer regulatory framework, so we have decided to move back."
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