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Ripple Mulls London Move Over U.S. Regulatory Fog

2 mins
Updated by Ryan Smith
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In Brief

  • Ripple is reportedly considering relocating its operational base from San Francisco to London due to an unfavourable US regulatory environment.
  • Ripple founder Brad Garlinghouse says that this is because the UK's Financial Conduct Authority does not classify XRP as a security.
  • Japan, Singapore, Switzerland and the United Arab Emirates are also reportedly under consideration.
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David Hundeyin
David is a journalist, writer and broadcaster whose work has appeared on CNN, The Africa Report, The New Yorker Magazine and The Washington Post. His work as a satirist on 'The Other News,' Nigeria's answer to The Daily Show has featured in the New Yorker Magazine and in the Netflix documentary 'Larry Charles' Dangerous World of Comedy.' In 2018, he was nominated by the US State Department for the 2019 Edward Murrow program for journalists under the International Visitors Leadership...
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