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

US Treasury Acts Against MEXC Global for Illegal Transactions.

The US Treasury's FinCEN has issued a measure prohibiting US financial institutions from processing transfers involving MEXC Global due to $16 billion in illicit transactions linked to sanctions evasion and cybercrime.

user avatarSatoshi Nakamura

Yaroch's Theft Compromises Investigations and Raises Security Concerns

Yaroch's fraudulent activities compromised investigations and raised security concerns regarding cryptocurrency managed by government agencies.

user avatarJesper Sørensen

Former FBI Agent Admits to Stealing $25 Million in Cryptocurrency

Former FBI agent Patrick Steven Yaroch pleaded guilty to stealing nearly $25 million in cryptocurrency from federal investigations, compromising sensitive operations.

user avatarRajesh Kumar

Labor Department Submits Crypto Retirement Rule for Review

The Labor Department's proposal includes guidelines for evaluating cryptocurrencies as investment options.

user avatarLucas Weissmann

Political Opposition to Crypto in Retirement Plans

Lawmakers express concerns over the risks of including cryptocurrencies in retirement savings.

user avatarEmily Carter

Trump Administration Proposes Crypto Inclusion in Retirement Plans

The US Department of Labor has proposed a regulatory framework to include cryptocurrencies in 401k plans, potentially opening a $10 trillion retirement market, pending White House approval.

user avatarFilippo Romano

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.