Ripple Expands US Hiring Amid Improved Crypto Regulations

user avatar

by Giorgi Kostiuk

2 years ago

Ripple is actively expanding its operations in the United States, reflecting increased confidence in US crypto regulations and boosting market activity and deal circulation.

Ripple Turns Focus to the US

The firm announced that 75% of all open positions are now based in the US. This marks a shift from its previous international hiring focus. Ripple is now prioritizing the US market due to predictable regulatory clarity.

SEC Appeal Remains a Key Factor

Just before 2024, the company signed more US deals in the last six weeks than in the previous six months. However, the SEC's appeal, centered around existing cases with Ripple, remains a major concern. If Paul Atkins becomes the SEC Chair, it may lead to the appeal's withdrawal, fostering the establishment of a US-based XRP ETF market, positively impacting the wider cryptocurrency industry.

Current XRP Price Situation

Currently, XRP is trading at about $2.39, showing a slight increase of 0.45% over the last day. The Relative Strength Index (RSI) is at 57.65, indicating neutrality and possible consolidation before another upward trend.

Ripple's expanded US presence and optimism around regulatory clarity create positive market prospects. The ongoing focus on the SEC appeal remains a key factor for the company's and market's future development.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

OCC Releases New Guidelines for AI in Banking

The US Office of the Comptroller of the Currency (OCC) has released its first supervisory framework for artificial intelligence in banking, focusing on the implications of AI mistakes rather than its capabilities.

user avatarJesper Sørensen

Trump Media Technology Group Shares Experience Significant Decline

Shares of Trump Media Technology Group plunged 14.29% to $5.10, extending a decline that had been ongoing prior to the midterm elections.

user avatarRajesh Kumar

Technology Stocks Show Mixed Results After US Midterm Elections

Technology stocks showed mixed results after the US midterm elections, with some companies gaining while others declined.

user avatarLucas Weissmann

SEC Provides Regulatory Clarity for Canton Coin

The SEC classifies Canton Coin as a digital commodity, providing regulatory clarity for its issuance and distribution model.

user avatarFilippo Romano

Bitbase Launches ORIGIN Points Program to Reward User Engagement

Bitbase has launched the ORIGIN Points program to reward user engagement over 26 weeks, distributing 1,000,000 points weekly starting November 4, 2026.

user avatarEmily Carter

Bitbase Launches ORIGIN Points Program to Reward User Participation

Bitbase has introduced ORIGIN, a new points program rewarding user participation over six months.

user avatarTomas Novak

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.