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Ripple CEO: We are Taking a Wait-and-see Approach Following the Election of Joe Biden as U.S. President

Amy Liu

Summary: Ripple CEO Brad Garlinghouse is now taking a wait-and-see approach following the election of Joe Biden as U.S. president, according to CNN. Six weeks ago, he announced he’s looking at potentially relocating Ripple’s headquarters because of the lack of regulatory clarity around the XRP cryptocurrency in the U.S. “We haven’t put a strict timeline on when we’ll ...

Ripple CEO Brad Garlinghouse is now taking a wait-and-see approach following the election of Joe Biden as U.S. president, according to CNN. Six weeks ago, he announced he’s looking at potentially relocating Ripple’s headquarters because of the lack of regulatory clarity around the XRP cryptocurrency in the U.S. “We haven’t put a strict timeline on when we’ll make a decision” on relocating, he said. “I think I am waiting to see what dynamics change, associated with the Biden administration beginning their term in office, and I am optimistic that will actually improve where things sit for the XRP community broadly.”

By Amy Liu

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