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Ripple CEO Reveals His Pick For Next Big Crypto Friendly Country

Ripple, the company behind the popular crypto lawsuit XRP Vs SEC, made an important comment on finding the next big crypto hub.
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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.

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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

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Anvesh Reddy

Anvesh reports major crypto updates around U.S. regulation and market moving trends. Published over 1400 articles so far on crypto and blockchain. A proud dropout of University of Massachusetts, Lowell. Can be reached at anvesh@coingape.com or x.com/BitcoinReddy or linkedin.com/in/anveshreddybtc/

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Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and 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.
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