Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Why push the rate of the US-China 90-day Slash Bitcoin price above $ 110,000

2025-05-13

Ethereum surpasses Bitcoin with a surprise rally beyond $ 2,500

2025-05-13

XRP repairs 3rd place, does Tether get over: do you have to expect a rally now?

2025-05-13
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Tron and Ethereum fight for the USDT top position

    2025-05-13

    Abu Dhabi launches a large project with Agile Dynamics for quantum -safe blockchain

    2025-05-13

    Zimbabwe is turning into blockchain to breathe new life into the trust of the carbon credit of carbon credit

    2025-05-12

    Atlaspad and Arichain unite to stimulate user-friendly and scalable web3 acceptance

    2025-05-12

    Why Wall Street Crypto will not embrace without privacy of zero knowledge

    2025-05-12
  • NFT

    Animoca Brands plans our mention to record ‘unique moment’ of Trump administration: FT

    2025-05-13

    Donald Trump Jr. Splashes rumors about ‘Truth Social’ -Memecoin

    2025-05-13

    Trump’s Crypto -Dinner cost VIP -Aurter $ 4.8 million

    2025-05-12

    New details about Trump’s Memecoin leaks from the official website – this is what they intend

    2025-05-12

    NFT -turns 10.6% to $ 115 million, Doodles Rally 500%

    2025-05-11
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Ethereum surpasses Bitcoin with a surprise rally beyond $ 2,500

    2025-05-13

    Cardano (ADA) Dips: Temporary correction or start of deeper movement?

    2025-05-13

    The market capitalization of PI Network jumps $ 7 billion like token skyrockets 110% in a week in the middle of market bending

    2025-05-12

    Coinbase head of the institutional strategy says that scarcity stimulates the overwhelming wave of demand from major players

    2025-05-12

    Can the resistance crush and re -design the rally?

    2025-05-12
  • Learn

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-10

    What Is Proof-of-Stake (PoS)? A Beginner’s Guide

    2025-05-09

    What Is a Layer-1 (L1) Blockchain?

    2025-05-03

    What is a Layer-2 (L2) Blockchain Network Solution?

    2025-05-02
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Regulation»Ripple’s CEO points to regulatory confusion as US crypto companies seek growth elsewhere
Ripple CEO points to regulatory confusion as US crypto firms seek growth elsewhere
Regulation

Ripple’s CEO points to regulatory confusion as US crypto companies seek growth elsewhere

2023-05-18No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Ripple CEO Brad Garlinghouse said U.S. crypto companies are increasingly turning to foreign jurisdictions because of the challenging domestic regulatory landscape.

“I think it’s fair to say that the US has made it as confusing as possible about what the rules of the road are for the crypto industry.”

A flurry of regulatory enforcement and regulatory uncertainty has resulted in capital and investment outflows from US shores, said Garlinghouse, who cites the EU as a major beneficiary because of this trend.

Speaking to CNBC, Ripple’s CEO laid the blame on the Securities and Exchange Commission (SEC), saying the agency had been “at the forefront of that confusion.”

Expansion abroad is the plan

Ripple has been in a legal dispute with the SEC since December 2020 over allegations of selling $1.3 billion in unregistered securities – in the XRP token.

The pending lawsuit is expected to be concluded shortly, with Garling House predicting a verdict within the next six months.

Nevertheless, Ripple has expanded its non-US business since the filing. For example, by expanding the On-Demand Liquidity (ODL) service in Japan and partnering with non-US banks such as Oman’s BankDhofar.

Garlinghouse said most of Ripple’s clients are now overseas, adding that most of this year’s new hires will focus on recruiting non-US citizens.

“95% of our clients are non-US, and this year most of our hires will be non-US for exactly the same reasons.”

Regarding Ripple’s recent acquisition of Metaco, Garlinghouse stated that the company’s operations are primarily centered in Europe, which aligns well with the type of clients sought and the jurisdictions Ripple is looking to expand into.

“We think Metaco is a perfect fit, from which we try to grow our customers today.”

Ripple acquires Swiss custodian company Metaco

On May 17, Ripple announced the acquisition of Swiss-based crypto custody company Metaco in a $250 million deal.

See also  Federal Trade Commission Warns of Crypto ATM Scams, Says Victims Lose $10,000 on Average: Report

Through the pairing, Ripple expands its business offerings for the custody, issuance and settlement of digital assets, primarily in the European market.

Garlinghouse told CNBC that Metaco is a perfect fit for Ripple because both companies make regulatory compliance a major business focus.

Ripple CEO Points Out Regulatory Confusion As US Crypto Firms Seek Growth Elsewhere appeared first on CryptoSlate.



Source link

CEO companies confusion Crypto Growth points Regulatory Ripples seek
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Trump’s Crypto -Dinner cost VIP -Aurter $ 4.8 million

2025-05-12

SEC chairman atkins repeats himself to overhaul crypto rules, promises to end ‘Regulation by enforcement’

2025-05-12

Why Wall Street Crypto will not embrace without privacy of zero knowledge

2025-05-12

XRP performs better than the crypto market with 10% jump if open interest rises beyond $ 5 billion

2025-05-12
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Using blockchain technology to alleviate water shortages

2024-05-16

Full Force’s Community Incubation Launchpad now on Core Chain

2024-05-07

Crypto.com announces the launch of a new custody service for high-net-worth clients in the US and Canada

2024-12-26
Editors Picks

AI-powered app that transforms Web3 interactions

2024-11-17

11 largest block chains by new wallet addresses

2025-03-02

Interchain Foundation finances Tharsis Labs to Open-source EVMOS

2025-03-20

Bitcoin Rainbow Chart Predicts Next Cycle Top, Here’s How

2023-12-28
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Why push the rate of the US-China 90-day Slash Bitcoin price above $ 110,000

Ethereum surpasses Bitcoin with a surprise rally beyond $ 2,500

XRP repairs 3rd place, does Tether get over: do you have to expect a rally now?

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$103,738.69-0.53%
  • ethereumEthereum(ETH)$2,516.13-1.47%
  • tetherTether USDt(USDT)$1.000.02%
  • rippleXRP(XRP)$2.552.88%
  • binancecoinBNB(BNB)$653.35-4.90%
  • solanaSolana(SOL)$174.78-0.43%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.229434-6.80%
  • cardanoCardano(ADA)$0.80-3.80%
  • tronTRON(TRX)$0.266015-2.20%
  • suiSui(SUI)$3.99-4.04%
  • chainlinkChainlink(LINK)$16.74-3.49%
  • avalanche-2Avalanche(AVAX)$24.63-2.73%
  • stellarStellar(XLM)$0.310617-2.98%
  • shiba-inuShiba Inu(SHIB)$0.000016-8.29%
  • hedera-hashgraphHedera(HBAR)$0.210967-1.48%
  • hyperliquidHyperliquid(HYPE)$25.100.34%
  • the-open-networkToncoin(TON)$3.29-6.94%
  • bitcoin-cashBitcoin Cash(BCH)$402.49-3.34%
  • polkadotPolkadot(DOT)$5.05-3.96%
  • unus-sed-leoUNUS SED LEO(LEO)$8.581.00%
  • piPi(PI)$1.11-28.14%
  • litecoinLitecoin(LTC)$102.97-0.12%
  • moneroMonero(XMR)$340.48-0.87%
  • pepePepe(PEPE)$0.000014-3.52%
  • bitget-tokenBitget Token(BGB)$4.75-3.92%
  • daiDai(DAI)$1.000.01%
  • ethena-usdeEthena USDe(USDE)$1.000.07%
  • uniswapUniswap(UNI)$6.77-4.72%
  • bittensorBittensor(TAO)$457.94-0.58%
  • nearNEAR Protocol(NEAR)$3.11-3.12%
  • aptosAptos(APT)$5.79-4.53%
  • aaveAave(AAVE)$218.77-1.41%
  • okbOKB(OKB)$54.20-2.38%
  • ondo-financeOndo(ONDO)$1.02-4.66%
  • kaspaKaspa(KAS)$0.122057-3.14%
  • internet-computerInternet Computer(ICP)$5.64-6.32%
  • ethereum-classicEthereum Classic(ETC)$19.64-3.70%
  • gatechain-tokenGateToken(GT)$21.94-0.86%
  • mantleMantle(MNT)$0.79-3.53%
  • render-tokenRender(RENDER)$5.13-3.70%
  • crypto-com-chainCronos(CRO)$0.099778-1.96%
  • vechainVeChain(VET)$0.030490-6.16%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.251821-5.55%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.97-9.53%
  • ethenaEthena(ENA)$0.384882-7.60%
  • usd1World Liberty Financial USD(USD1)$1.00-0.31%
  • arbitrumArbitrum(ARB)$0.429959-7.04%
  • algorandAlgorand(ALGO)$0.237821-4.32%
  • filecoinFilecoin(FIL)$3.07-5.18%
  • bitcoinBitcoin(BTC)$103,738.69-0.53%
  • ethereumEthereum(ETH)$2,516.13-1.47%
  • tetherTether USDt(USDT)$1.000.02%
  • rippleXRP(XRP)$2.552.88%
  • binancecoinBNB(BNB)$653.35-4.90%
  • solanaSolana(SOL)$174.78-0.43%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.229434-6.80%
  • cardanoCardano(ADA)$0.80-3.80%
  • tronTRON(TRX)$0.266015-2.20%
  • suiSui(SUI)$3.99-4.04%
  • chainlinkChainlink(LINK)$16.74-3.49%
  • avalanche-2Avalanche(AVAX)$24.63-2.73%
  • stellarStellar(XLM)$0.310617-2.98%
  • shiba-inuShiba Inu(SHIB)$0.000016-8.29%
  • hedera-hashgraphHedera(HBAR)$0.210967-1.48%
  • hyperliquidHyperliquid(HYPE)$25.100.34%
  • the-open-networkToncoin(TON)$3.29-6.94%
  • bitcoin-cashBitcoin Cash(BCH)$402.49-3.34%
  • polkadotPolkadot(DOT)$5.05-3.96%
  • unus-sed-leoUNUS SED LEO(LEO)$8.581.00%
  • piPi(PI)$1.11-28.14%
  • litecoinLitecoin(LTC)$102.97-0.12%
  • moneroMonero(XMR)$340.48-0.87%
  • pepePepe(PEPE)$0.000014-3.52%
  • bitget-tokenBitget Token(BGB)$4.75-3.92%
  • daiDai(DAI)$1.000.01%
  • ethena-usdeEthena USDe(USDE)$1.000.07%
  • uniswapUniswap(UNI)$6.77-4.72%
  • bittensorBittensor(TAO)$457.94-0.58%
  • nearNEAR Protocol(NEAR)$3.11-3.12%
  • aptosAptos(APT)$5.79-4.53%
  • aaveAave(AAVE)$218.77-1.41%
  • okbOKB(OKB)$54.20-2.38%
  • ondo-financeOndo(ONDO)$1.02-4.66%
  • kaspaKaspa(KAS)$0.122057-3.14%
  • internet-computerInternet Computer(ICP)$5.64-6.32%
  • ethereum-classicEthereum Classic(ETC)$19.64-3.70%
  • gatechain-tokenGateToken(GT)$21.94-0.86%
  • mantleMantle(MNT)$0.79-3.53%
  • render-tokenRender(RENDER)$5.13-3.70%
  • crypto-com-chainCronos(CRO)$0.099778-1.96%
  • vechainVeChain(VET)$0.030490-6.16%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.251821-5.55%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.97-9.53%
  • ethenaEthena(ENA)$0.384882-7.60%
  • usd1World Liberty Financial USD(USD1)$1.00-0.31%
  • arbitrumArbitrum(ARB)$0.429959-7.04%
  • algorandAlgorand(ALGO)$0.237821-4.32%
  • filecoinFilecoin(FIL)$3.07-5.18%