Ripple CEO: Companies Will Leave US Due to Strict Crypto Regulation

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Brad Garlinghouse, the CEO of Ripple, has repeated his stance that American regulatory policies might drive crypto firms to relocate to other jurisdictions.

In March 2023, he initially voiced this opinion and added that the US authorities are making efforts to persuade businesses to scout for other countries to keep running.

He has also informed CNBC that the UK, Singapore, and the United Arab Emirates offer appealing conditions for the blockchain industry, and has added that Europe is taking the lead by embracing wise rules for digital currencies.

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