The Algorand Foundation will return to the United States after operating in Singapore for many years.
TL;DR
The Algorand Foundation is moving its operations back to the United States from Singapore, citing the blockchain's U.S. origins, a more crypto-friendly policy environment, and access to capital and talent.
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PANews reported on January 15 that, according to DL News, the Algorand Foundation announced that after operating in Singapore for many years, it will return to the United States with a brand-new board of directors. The reasons for the return include the fact that the blockchain originated in the United States, the US policy environment has become more friendly to the crypto industry, and the country has a large amount of capital and engineering talent.
Previously, it was reported thatthe Jito Foundation announced its return to the United States .