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Sam Bankman-Fried hints at moving FTX headquarters to the United States

Sam Bankman-Fried hints at moving FTX headquarters to the United States

FTX chief Sam Bankman-Fried, in an interview at the DC Fintech Week conference, spoke about a possible move of the bitcoin exchange’s headquarters from the Bahamas to the United States. MarketWatch reports.

According to him, the company would consider such a possibility after registering with the U.S. Securities and Exchange Commission (SEC).

“I think that if we could get [SEC approval], we would feel more confident moving forward as an American company,” Bankman-Fried said.

If successful in its dealings with the Commission, up to 75% of the trading platform’s staff would relocate to the United States.

Bankman-Fried also said his company is working with the CFTC and other regulators and policymakers to obtain an American license.

In late September, FTX US president Brett Harrison announced his resignation after almost a year and a half with the company.

Earlier, the cryptocurrency exchange announced a phased rollout of a Visa debit card in more than 40 countries across Latin America, Europe and Asia.

In October, Bankman-Fried said that on November 21 FTX will be updated to version 2.

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