- Ripple CEO Brad Garlinghouse said the company will wait and see before making a decision to leave
- Earlier, the company threatened to leave the U.S. due to a lack of clarity about XRP tokens
- Ripple used to position itself as one of the most regulatory compliant in the industry
After threatening to leave the U.S. amid concerns of regulatory uncertainty around XRP crypto tokens, Ripple has now decided to adopt a “wait and see” approach, especially after the election of Joe Biden as president.
Speaking to CNN, Brad Garlinghouse, CEO of Ripple, said the company has not put a strict timeline on when the company will make a decision to relocate. “I think I am waiting to see what dynamics change, associated with the Biden administration beginning their term in office, and I am optimistic that will actually improve where things sit for the XRP community broadly,”