Ripple will do 80% of its hiring this year outside the U.S. in countries where there is more regulatory clarity, CEO Brad Garlinghouse said in an interview with Bloomberg on Wednesday.
“You see markets like we have here in Singapore, certainly even what we’re seeing in Hong Kong, the U.K., Dubai, where the governments are partnering with the industry, and you’re seeing leadership, providing clear rules and you’re seeing growth, Garlinghouse said. “And frankly, that’s why ripple is hiring there, 80% of our hiring this year will be outside the United States.”
Ripple and the U.S. Securities Exchange Commission have been battling it out in court. The SEC