KEY POINTS
- Cascarilla warned that the US is at risk of becoming the world's 'Rust Belt of financial services'
- He said the US regulatory space has become 'inhospitable,' pushing Paxos and other firms to seek clarity outside the country
- He also specifically urged Trump and Harris to establish a 'stablecoin framework' for further clarity
The U.S. election is less than a week away, and the CEO of regulated blockchain and tokenization platform Paxos has urged ex-president Donald Trump and Vice President Kamala Harris to address hostile regulatory approach towards digital assets.
