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Ripple CEO Halts IPO Plans in U.S., Blames SEC’s Regulatory Environment

Ripple CEO Halts IPO Plans in U.S., Blames SEC’s Regulatory Environment


Coinpedia
2024-01-17 12:22:53

The post Ripple CEO Halts IPO Plans in U.S., Blames SEC’s Regulatory Environment appeared first on Coinpedia Fintech News Brad Garlinghouse, the CEO of Ripple, has recently declared a pause on its initial public offering (IPO) plans in the United States. This surprising withdrawal is deemed strategic and primarily due to regulatory hurdles. Garlinghouse voices that the company finds itself navigating through a “hostile” regulatory atmosphere, thus prompting Ripple to consider alternative markets for …


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