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Alternate cryptocurrencies => Announcements (Altcoins) => Topic started by: bongdanu on October 07, 2020, 02:04:55 PM



Title: Ripple may leave the US magazine for environmental examp
Post by: bongdanu on October 07, 2020, 02:04:55 PM
Chris Larsen, co-founder and executive chairman of Ripple Labs, the company is likely to move its headquarters out of the US because of the federal government's regulatory stance towards the crypto industry.
He argued that almost every country outside the United States has a conducive system for regulating cryptocurrencies, adding that the UK and Singapore tops the list of new potentially new locations if the company is based. in San Francisco really decided to leave the United States.

Ripple is in a constant legal battle with investors alleging that the company violated state and federal securities laws by selling the digital currency XRP. The company asserts that despite owning a large amount of XRP, the network used to settle XRP transactions is decentralized.

“Buying XRP is not an investment in Ripple, there is no joint business between Ripple and XRP buyers, there is no promise that Ripple will help generate profits for XRP holders and decentralized XRP ledgers. The company stated in a court filing in September 2019

What do you think about the price of XRP in the near future and is this an opportunity for XRP holders?