#Ripple #Chairman #Chris #Larsen said his San Francisco-based company could move overseas if it doesn't create a regulatory environment that allows US cryptocurrency companies to compete globally.
"To be honest with you, we even consider moving our center to a much more friendly jurisdiction," said Larsen at the Los Angeles #Blockhain Summit, who argued that the US does not provide a pleasant environment for cryptocurrencies.
Where they can be moved between London , Switzerland, Singapore and Japan showing Larsen, "the world's fintech centers" wanting to be; He pointed to countries in Europe and Asia eager to create jobs and wealth.
Moreover, with these countries, "you have the advantage of having capital markets, regulators and innovators in the same city," he said. This is not the case in America where New York investors, Washington MPs and Silicon Valley tech entrepreneurs "don't understand each other".
The xrp forming Ripple Labs, claiming victims xrp'n the securities exceeds the law was in an ongoing battle with investors. Ripple's experience of self-defense in class actions has undoubtedly colored Larsen's statements, as there is no solid crypto regulatory framework Ripple can trust.
Ripple manager: US approach disappointing
Speaking of his thoughts on the US regulatory environment for the cryptocurrency, Larsen said, “All this legal trend continues to be disappointing as we don't have more clarity and a more pro-US approach.
Ripple have 500 employees in nine global offices, most of them in the USA.