Ripple CEO Reveals His Pick For Next Big Crypto Friendly Country
Crypto Market News: As the crypto businesses increasingly become pessimistic about easing environment in the United States, the onus is now on finding the next big market suitable for the emerging asset class and the blockchain technology ecosystem. Earlier, CoinGape reported that top US based crypto exchange Coinbase was launching an international crypto derivatives exchange, in a attempt to expand its wings beyond the United States. Meanwhile, Ripple, the company behind the popular crypto lawsuit XRP Vs SEC, made an important comment on finding the next big crypto hub.
Also Read: Europe’s Blockchain Industry Looks to Scrap Smart Contract Laws That Would Kill DeFi
In a latest, it was reported that Coinbase CEO Brian Armstrong acknowledged the potential for the UAE to become a strategic hub for Coinbase. Armstrong said the UAE deserves credit for being forward thinking on the crypto market.
Ripple CEO Picks Dubai
On Monday, Ripple chief executive officer Brad Garlinghouse made crucial comments on finding the next big global crypto hub. He shared an excerpt of his comments from the Dubai Fintech Summit.
“As I just shared on stage at DubaiFintechSummit, Ripple is expanding in Dubai. With 20% of our customers based in MENA and clear regulatory regimes being developed, it’s no surprise that Dubai is emerging as a key global financial hub for crypto innovation to thrive.”
Meanwhile, Judge Analisa Torres, who is overseeing the XRP lawsuit against the U.S. Securities and Exchange Commission (SEC), is yet to reveal the Summary Judgement.
Also Read: Popular Analyst Prediction Hints At Bitcoin Fate By End Of 2023
- Solana Price Rallies 5% as Nasdaq-listed VisionSys Launches $2B SOL Treasury Strategy
- XRP Ledger Rolls Out MPT Standard for Real-World Asset Tokenization
- SEC Puts Crypto ETF Approvals On Hold Following U.S. Government Shutdown
- Pi Network Adds DEX and AMM Features To Expand Pi Coin’s Utility
- October Fed Rate Cut Odds Rise After Weak U.S. Labor Data, Bitcoin Surges
- Cardano Price Forecast As Hashdex Listing Fuels Optimism For $1.27 Breakout
- BONK Price Rally Ahead? Open Interest Jumps as TD Buy Signal Flashes
- Shiba Inu Price to Surge as Whales Buy and Team Commits to Shibarium Growth
- XRP Price Prediction After Ripple CTO David Schwartz Resigns
- SUI Price Eyes $4.5 as Coinbase Futures Listing Sparks Market Optimism
- Chainlink Price Holds $20 Support Amid Tokenization With DTA Standard Progress – Is $47 Next?
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
