Ripple Labs has been entangled in a lawsuit with the United States Securities and Exchange Commission for almost a year now. While the case has opened the doors for a wider conversation on the country’s securities laws and how they pertain to digital assets, the company has undoubtedly lost out on a lot of business during this time.
In fact, when the lawsuit was first filed by the SEC, many cryptocurrency exchanges were quick to delist XRP.
Despite these headwinds, however, Ripple has managed to have a successful year, according to CEO Brad Garlinghouse.
Curiously, most of this has been achieved without the contribution of the U.S market. Speaking at the DC Fintech Week Virtual Conference on 21 October, the chief executive highlighted various
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