March 29, 2024

Ripple is ready to go to Japan, Singapore and Belgium

The Ripple company has already announced its plans to leave the United States, and one of the potential applications where the company canpepeexat, —countries of Asia and Europe. In addition, the general director of the script, Brad Gaplinghouse, called Japan, Singapur and Belgium the preferred jurisdictions, which are not acceptable scripts.

“The various countries really have a cleara normative position in relation to cryptocurrencies. This will promote investment and help companies build their business, ”Gaplinghouse noted on Bloomberg TV.

However, in his words, the US regulatory system lacks clarity and consistency.

“In the United States, openly speaking, knowingnormative-legal environment. Some say that the cryptocurrency is a good, others say that it is a currency. There are those who think that it is the property, and for whom it is valuable paper, - added the top manager. - This simplifies the task. Regulation does not have to be a guessing game. "

According to Gaplinghaus, the US government has not been able to provide such conditions for the crypto business, as in Japan and Belgium.

Recall that Japan is one of the countries where the payment start-up partner SBI Group is a large investment Ripple and promotes XRP on the local market.

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