Friday, March 24, 2023
No Result
View All Result
CONTACT
First Crypto News
  • News
  • Bitcoin
  • Ethereum
  • Industry
  • Market Updates
  • Price
  • Coins
  • Press Release
  • News
  • Bitcoin
  • Ethereum
  • Industry
  • Market Updates
  • Price
  • Coins
  • Press Release
No Result
View All Result
First Crypto News
No Result
View All Result

Brad Garlinghouse Open to Move Ripple to Another Country

by firstcryptonews
October 14, 2020
in Coins
Brad Garlinghouse Open to Move Ripple to Another Country

Brad Garlinghouse, Co-founder and CEO of one of the biggest crypto-blockchain companies in the world, Ripple, has expressed his concerns over certain US regulatory agencies. In a Twitter thread posted on Monday, Brad hinted that although he or his company has no plans of moving to any other country, they might have to consider a move to some other country to have a ‘fair playing field.’

To make matters worse, some US regulators have already made decisions that actively favor Chinese technologies OVER US companies. Legislation like the #DCEA can bring US companies to equal footing. https://t.co/7PRjN7qs9j (4/5)

— Brad Garlinghouse (@bgarlinghouse) October 12, 2020

The US regulatory authorities have often been accused of going hard on the American companies while being lenient on their Chinese competitors. Highlighting the issue, Brad stated that Ripple is not looking to evade any US regulations; however, they have been concerned about the various US regulatory bodies holding a different view on crypto, classifying it as a commodity, security, a virtual currency, etc. He further accused that certain regulators in the US have made decisions that actively favor Chinese tech companies over the ones from the US.

The crypto industry has had a bumpy ride in the United States, with opposition not only from tycoons, like Warren Buffett, but also directly from the US President Donald Trump. In a tweet that caused havoc in the industry last year, Trump had stated that a crypto is a tool for carrying out anti-social activities, like money laundering, terror funding, etc. Expectedly, the US regulation authorities tightened their grip and scrutiny on crypto companies.

However, many leaders from the US crypto fraternity have repeatedly stated that the different regulations for crypto companies in US and those from China are causing damage to the domestic companies.

Related Posts

SEC Seeks Court’s Permission To Exclude Ripple Expert Testimonies

SEC Seeks Court’s Permission To Exclude Ripple Expert Testimonies

by firstcryptonews
August 26, 2022
0

The U.S. Securities and Exchange Commission (SEC) has filed a request to submit one lengthy reply for excluding the Defendants’...

What traders need to know about the evolving Ethereum-Bitcoin relationship

What traders need to know about the evolving Ethereum-Bitcoin relationship

by firstcryptonews
April 26, 2021
0

Ethereum’s price action over the last 72 hours or so has been very topsy-turvy. While the aforementioned period saw ETH...

Coinbase Insiders Partially Liquidate Their COIN Stock Holdings Shortly after Listing

Coinbase Insiders Partially Liquidate Their COIN Stock Holdings Shortly after Listing

by firstcryptonews
April 20, 2021
0

While there’s been a lot of noise around the pump and dump by Coinbase insiders and executives, it turns out...

Bittrex to remove the U.S. markets for top privacy coins including Monero, Zcash and Dash

Bittrex to remove the U.S. markets for top privacy coins including Monero, Zcash and Dash

by firstcryptonews
January 2, 2021
0

Bittrex announced on Dec. 29 that its exchange will be removing the U.S. markets for the three of the biggest...

Cardano’s Winning Streak Continues As ADA Overtakes Litecoin To Become Seventh-Largest Crypto

Cardano’s Winning Streak Continues As ADA Overtakes Litecoin To Become Seventh-Largest Crypto

by firstcryptonews
July 8, 2020
0

This week has started quite well for Cardano. The blockchain’s native cryptocurrency, ADA, is now the seventh-biggest crypto by market...

The “big ones” are already buying

The “big ones” are already buying

by firstcryptonews
July 3, 2020
0

The US technology stocks index Nadsaq 100 has reached new highs in the past few days – and has thus...

Next Post
Russian Central Bank Wants to Cap Bitcoin Buying at USD 7,800 a Year

Russian Central Bank Wants to Cap Bitcoin Buying at USD 7,800 a Year

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

goinfluencer

Influencer Marketing is the need of the hour in crypto space

1 year ago
Craig Wright Produces Documents For Third Tulip Trust In Case With Kleiman Estate; Bitcoin SV Pumps 28%

Craig Wright Produces Documents For Third Tulip Trust In Case With Kleiman Estate; Bitcoin SV Pumps 28%

3 years ago
AADA Decentralized Lending

Aada Finance Introduces ISPO Incentive Bonus

1 year ago
viagra token

$VIAGRA: A Community-Driven NFT Marketplace That Donates to Men Health Charity

2 years ago
SPACEFALCON

Metaverse Gaming Platform Space Falcon Announces strategic partnership with Peech Capital

1 year ago
NY Attorney General Hits Back at Bitfinex

NY Attorney General Hits Back at Bitfinex

4 years ago

First Crypto News

First Crypto News

First Crypto News is the Fastest Crypto News Portal. We Bring the Best and We Bring it Fast.

Bitcoin

Amid Chinese Crackdown, America’s Foundry USA Mining Pool Enters Top Ten Spot

Amid Chinese Crackdown, America’s Foundry USA Mining Pool Enters Top Ten Spot

June 21, 2021

Recent News

Interest-Bearing Bonds-Backed Tokens: Generate yield using tokens backed by sovereign bonds

Interest-Bearing Bonds-Backed Tokens: Generate yield using tokens backed by sovereign bonds

January 16, 2023

Press Release

Dominator Domains, a Web3 innovative platform where users can register domains in 3 different blockchains and 10 different domain extensions

Dominator Domains, a Web3 innovative platform where users can register domains in 3 different blockchains and 10 different domain extensions

March 24, 2023

© 2020 First Crypto News

No Result
View All Result
  • Home
  • World
  • Science
  • Tech

© 2020 First Crypto News