Ayanna Hull, head of BVI Private Wealth and Regulatory at Harneys, has criticized the United States for its lack of clear cryptocurrency regulations, which she claims is driving business to more favorable jurisdictions like Singapore and the British Virgin Islands (BVI). Hull pointed out that the U.S. has been slow to implement effective crypto policies, leading many clients to relocate to the BVI, especially in light of Europe's burdensome MICA regulations and the previous U.S. administration's neglect of the sector.Hull identified the Trump-era GENIUS Act as a significant moment in the regulatory landscape and suggested that stablecoins might become the first focus of U.S. regulation due to pressure from major corporations such as Amazon. She also praised Singapore as a model for small jurisdictions like the BVI in terms of financial and tourism development.