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Ripple’s New San Francisco HQ – What It Means for XRP and SEC Case

Published 12/13/2023, 04:25 AM
Updated 12/13/2023, 04:45 AM
© Reuters.  Ripple’s New San Francisco HQ – What It Means for XRP and SEC Case
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  • Ripple has opened a new global headquarters in San Francisco.
  • Many users see the new office as Ripple’s commitment to remain in the United States.
  • Ripple has always maintained that XRP is not an unregistered security.

Ripple, the renowned blockchain payments company, has opened a new global headquarters in San Francisco. The company’s Chief Technology Officer (CTO), David Schwartz, took to X to post images of the new office and announce that it has become functional.

Schwartz’s post sparked excitement among many XRP community members, most of whom consider the move a show of confidence by the company and its commitment to remain in the United States.

Opening a new office in the United States amid the ongoing legal battle with the Securities and Exchange Commission (SEC) speaks volumes about Ripple’s mindset over the lingering issue. The company has always maintained that XRP is not an unregistered security, as the SEC claimed.

Ripple’s stance was bolstered by the partial victory from the cou…

The post Ripple’s New San Francisco HQ – What It Means for XRP and SEC Case appeared first on Coin Edition.

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