Due to confusing regulations, further crypto companies will leave the United States: Ripple CEO

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Von Krypto News Österreich

Brad Garlinghouse, der CEO des Blockchain-Unternehmens Rippleglaubt, dass aufgrund der verwirrenden Vorschriften im Land mehr Kryptofirmen und Unternehmen die Vereinigten Staaten verlassen werden. In einem Interview mit CNBC sagte der CEO, dass die Verwirrung im Land Krypto-Unternehmer und Investitionen in andere freundliche Regionen wie Europa, die Vereinigten Arabischen Emirate (VAE), das Vereinigte Königreich und sogar Singapur drängen würde. Regulatorische Verwirrung in den USA Garlinghouse wies darauf hin, dass Europa, die Vereinigten Arabischen Emirate und das Vereinigte Königreich für Klarheit und Führung bei der Regulierung digitaler Vermögenswerte sorgen und dass ihre Bemühungen es Gründern und Investoren ermöglichen, konstruktiv mit Aufsichtsbehörden und …
Brad Garlinghouse, the CEO of the blockchain company Rippleglaße that more crypto companies and companies will leave the United States due to the confusing regulations in the country. In an interview with CNBC, the CEO said that the confusion in the country would urge crypto entrepreneurs and investments in other friendly regions such as Europe, the United Arab Emirates (VAE), the United Kingdom and even Singapore. Regulatory confusion in the USA Garlinghouse pointed out that Europe, the United Arab Emirates and the United Kingdom ensure clarity and leadership in the regulation of digital assets and that their efforts enable founders and investors to constructively with supervisory authorities and ... (Symbolbild/KNAT)

Brad Garlinghouse, the CEO of the blockchain company Rippleglaße that more crypto companies and companies will be left due to the confusing regulations in the country.

In an interview with CNBC, the CEO told the confusion in the country of crypto entrepreneurs and investments in other friendly regions such as Europe, the United Arab Emirates (VAE), the United Kingdom and even Singapore.

regulatory confusion in the USA

Garlinghouse pointed out that Europe, the United Arab Emirates and the United Kingdom ensure clarity and leadership in the regulation of digital assets and that their efforts enable founders and investors to work constructively with supervisory authorities and authorities. He claimed that Europe was a beneficiary of the current situation in America.

"I think that the USA has rightly said that the traffic rules for the crypto industry have made as confusing as possible. As you described, the US stock exchange supervision SEC was actually at the top of this confusion. Unfortunately, the company how encouraged Ripple has to invest more outside of the USA," said the Ripple CEO.

Garlinghouse's comments come at a time when the US regulatory authorities, in particular the Securities and Exchange Commission (SEC), are hard against crypto companies. The SEC is currently in a legal dispute with Ripple due to alleged violations of securities laws when offering and selling XRP - the native cryptocurrency of the USA Ripple Network.

The security supervisory authority has also asked a US court to reject an application from the digital-asset exchange Coinbase, to determine comprehensive rules for the emerging industry, and emphasizes that the existing regulations were clear, however, crypto companies have refused to consider them.

ripple in a strong financial position

As far as the recent takeover of the crypto-attorney-based company Metaco based in Switzerland, Garlinghouse believes that the company fits perfectly Ripple’s expansion plans. The investment that Garlinghouses has made the sole shareholder of Metaco will expand ripple -expanding you your product portfolio and give it access to an attractive customer base.

The CEO ripple also announced that the company was in a solid financial situation, as it financed the $ 250 million purchase from Metaco from its balance sheet. He added this to Ripple is currently active on the offensive, and the takeover is an example of this.

In the meantime, according to Garlinghouse, it is neither in a hurry to become a listed company, to raise even more capital.

"So if we thought about it [to list]" It would be at a time and in a place that made sense, "he added.

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