A leading cryptocurrency company, Ripple has not given up plans to launch an IPO despite the recent legal battle with the regulators in the US. The former chairman of SBI Group (Strategic Business Innovator Group, the group of financial services companies behind Ripple based in Tokyo, Japan) said that no regulatory framework yet exists for this market and there is no “focused regime” in place like traditional financial markets or securities markets.
The news is coming after it overtook the demand of the Stock Exchange Commission (SEC) which it is contending with. Garlinghouse suggested in January 2020 that Ripple will eventually enter the...
$XRP, Cryptocurrencies, Featured