In this video, Brad Garlinghouse, CEO of Ripple, talks about the company's strategic shift in hiring after a lawsuit from the SEC.
Following the lawsuit, Ripple has seen record growth by expanding outside the US. Their products and solutions cater to a global market, with 95% of customers now being non-US.
Garlinghouse expresses disappointment that Ripple can't offer more high-paying jobs in the US due to regulatory uncertainty. While the US business has still grown, the vast majority (75%) of new hires are happening internationally.
Garlinghouse criticizes the SEC for lacking clarity on cryptocurrency regulations. He believes the US is falling behind and urges the SEC to take a leadership role in solving the issue.
Garlinghouse expresses his view that the SEC's current approach will be seen as hindering progress, comparing them to the Luddites who opposed technological advancements during the Industrial Revolution.
Following the lawsuit, Ripple has seen record growth by expanding outside the US. Their products and solutions cater to a global market, with 95% of customers now being non-US.
Garlinghouse expresses disappointment that Ripple can't offer more high-paying jobs in the US due to regulatory uncertainty. While the US business has still grown, the vast majority (75%) of new hires are happening internationally.
Garlinghouse criticizes the SEC for lacking clarity on cryptocurrency regulations. He believes the US is falling behind and urges the SEC to take a leadership role in solving the issue.
Garlinghouse expresses his view that the SEC's current approach will be seen as hindering progress, comparing them to the Luddites who opposed technological advancements during the Industrial Revolution.
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