Continued delays in US crypto legislation could push digital asset business toward Asia, the Middle East and Bermuda, Apex Group founder and CEO Peter Hughes said, according to an October 24 BlockBeats report.
Regulatory clarity shapes competition
Hughes argued that those jurisdictions are moving faster and could fill gaps left by unresolved US rules. He also said Europe was unlikely to benefit, describing its Markets in Crypto-Assets regulation as slow to evolve and restrictive.
Apex pursues tokenization in Saudi Arabia
The report noted that Apex announced a collaboration this month with droppRWA and Tokeny to turn real-world assets into regulated on-chain investment products, starting in Saudi Arabia.
Source: BlockBeats, 2026-10-24 12:07:14 UTC.