Despite being U.S.-issued debt, PV01 won’t immediately operate in the U.S., where regulation and scrutiny of crypto is getting stricter. “We’re only going to offer our products broadly in the United States when we have a clear sense that it’s legal to do so based on the setup that we have put in place,” he said. “And if it’s never possible, then we never will.”

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Author: Brandy Betz, Nick Baker

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