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Ripple Mulls London Move Over U.S. Regulatory Fog

2 mins
23 October 2020, 18:30 GMT+0000
Updated by Ryan Smith
23 October 2020, 18:30 GMT+0000
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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