Ripple’s general counsel Stuart Alderoty said that while most of Ripple’s employees are based in the U.S., most of its customers are in other countries because of the regulator’s lawsuit against the payment platform.
As for the SEC’s lawsuit against Ripple, AlderotY said that a judge is likely to rule in the first half of 2023.
However, he stressed that Ripple still plans to work closely with policymakers in the U.S., despite their differences with the regulator.
According to Alderoti, Ripple is looking to expand into Europe and is currently preparing to obtain a virtual asset provider license from the central bank of Ireland. It will be valid throughout the European Union.
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