- Ripple CEO has warned of a potential exodus of crypto firms to Europe amid ongoing regulatory crackdowns.
- The U.S. blockchain services firm has expanded its global presence by acquiring a Swiss crypto startup.
- Garlinghouse has praised Europe, the UAE, the UK, and Singapore for their clear digital asset regulations.
In an exclusive interview with CNBC, Ripple CEO Brad Garlinghouse expressed concerns over the confusing regulations in the United States, predicting that such ambiguity would drive more crypto companies to seek opportunities outside the country.
Garlinghouse Praises Other Countries’ Digital Asset Regulations
Garlinghouse acknowledged the leadership provided by Europe, as well as countries like the United Arab Emirates, the United Kingdom, and Singapore, in offering clear regulatory frameworks for digital assets.
He emphasized that well-defined rules enable entrepreneurs and investors to…
