‘Crushing’ regulations could drive Ripple out of US By Cointelegraph

‘Crushing’ regulations could drive Ripple out of US By Cointelegraph

‘Crushing’ regulations could drive Ripple out of US

is considering relocating to Europe or Asia amid growing frustration at the lack of regulatory clarity in the United States.

Speaking to Fortune Magazine’s Jeff John Roberts at the Oct. 6 LA Blockchain Summit, Ripple co-founder Chris Larsen said the United States was “woefully behind” in preparing for the cryptocurrency-based next generation of a global financial system. Coupled with U.S. authorities’ policy on “regulation through enforcement” and Ripple may consider leaving the country behind entirely.

Chris Larsen speaking at LA Blockchain Summit

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