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Ripple Eyes Japan, Singapore If Blockchain Firm Leaves U.S.

  • May relocate from U.S. amid lack of regulatory clarity
  • Pandemic has given ‘tailwind’ for cryptocurrencies, CEO says
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Ripple Labs Inc. has shortlisted Japan and Singapore as countries the blockchain payment services company could move to if it leaves the U.S. due to a lack of regulatory clarity, its top executive said.

Switzerland, the U.K. and the United Arab Emirates are also potential destinations, Chief Executive Officer Brad Garlinghouse said in an interview. “The common denominator between all of them is that their governments have created a clarity about how they would regulate different digital assets, different cryptocurrencies,” he said.