News - President Ripple: This is the way Ripple is going to grow
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Ripple may return to the U.S. market after a mixed verdict in its recent lawsuit with the U.S. Securities and Exchange Commission (SEC). In an interview, Ripple President Monica Long talked about the company's partial victory in the lawsuit and emphasized that much of Ripple's growth is taking place outside the U.S., in regions where there is a clear regulatory framework for cryptocurrencies.
The UK, Europe, Singapore and Dubai were cited as jurisdictions that have established clear frameworks and rules for cryptocurrencies, which has resulted in significant growth in these regions, particularly in payments.
The UK is an important hub for fintech and Ripple is looking to invest there, in line with the UK's ambition to become a crypto hub with specific regulations for crypto companies. Ripple's presence in London has grown significantly over the years. Ripple also has a large customer base across Europe and the Middle East.
In addition to Europe and the Middle East, Ripple has also seen growth in Asia and Latin America. Long mentions that Latin America in particular is "on the rise" for Ripple, with a major office in Sao Paulo. Ripple's operations in these regions have also contributed to the company's overall growth.
The court's ruling allows Ripple to return to the U.S. market, but the company will continue to expand and grow in other regions that provide a clear regulatory framework for cryptocurrencies. With its growing presence in the UK, Europe, Singapore, Dubai, Asia, Latin America and elsewhere, Ripple remains a leading player in the world of cryptocurrencies and payments.