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18 January 2021

Ripple Reconsidering US Exit, Plans to Monitor Regulations Under Biden Admin | BTCMANAGER

Ripple Reconsidering US Exit, Plans to Monitor Regulations Under Biden Admin | BTCMANAGER


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In an interview with CNN’s Julia Chatterley, Ripple CEO Brad Garlinghouse remarked that the company is waiting to see what changes the incoming Biden administration will make regarding crypto regulations before deciding on a move out of the US.  As previously reported by BTCManager Ripple has reportedly grown frustrated with the regulatory climate in the country and was mulling a move overseas with Japan and Singapore being likely relocation candidates.

Commenting on the matter, the Ripple CEO remarked that he is hoping the incoming Biden administration will deliver policy changes that offer more clarity on US crypto regulations.

According to Garlinghouse, there are already indications about climate change management forming a major part of future crypto and finance regulations.

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