Jurisdiction Shopping: How regulatory uncertainty is affecting the geography of crypto innovation

The race is on for some…the drawbridge is up for others


Where is the talent headed?

Speaking to Max Keiser at Money Conference 2018 in Dublin, Thomas van der Spuy, a native South African and the founder of Bitfair.com, explained his decision to relocate to Anguilla, a British Overseas territory in the Caribbean. “It’s not regulated in South Africa, it’s not un-regulated in South Africa, we don’t know where it is going to go” van der Spuy exclaimed, “Anguilla already has regulation designed for utility tokens so it makes obvious sense to set up in that jurisdiction”.

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