Ripple, the blockchain enterprise, has been registered with Ireland’s Central Bank, allowing it to offer digital asset services in the country. This move positions Ripple to expand its services across the European Economic Area once the Markets in Crypto Assets Regulation takes effect in late 2024.
Ripple has already established a presence in Ireland, opening an office in Dublin last year. The company sees Ireland as a favorable area for technological advancements and innovations. Eric van Miltenburg, SVP of Strategic Initiatives at Ripple, described the support from the financial institution as a significant step forward for their business in the region.
Despite its international expansion, Ripple remains committed to its presence in the United States. The company recently moved its headquarters to a new office in San Francisco, ahead of its upcoming legal battle with the US Securities and Exchange Commission.
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| Information | Details |
|---|---|
| Geography | Europe |
| Countries | 🇮🇪 🇺🇸 |
| Sentiment | positive |
| Relevance Score | 1 |
| People | Eric van Miltenburg |
| Companies | Markets in Crypto Assets Regulation, Central Bank of Ireland, US Securities and Exchange Commission, European Economic Area, Ripple Markets Ireland Limited, Ripple |
| Currencies | None |
| Securities | None |
