With that being said, Garlinghouse appears to be confident that Ripple will be able to secure a victory over the regulatory watchdog.
As reported by U.Today, the executive also claimed that XRP would continue trading even if Ripple were to abandon it to underscore why the token is not a security.
Garlinghouse won’t launch a new crypto company in the U.S.
In addition, Garlinghouse, a former senior vice president of Yahoo!, says that he wouldn’t want to base his new cryptocurrency company in the U.S if he were to launch one.
He has reiterated that the “lack of leadership” in the blockchain industry is bad for the country:
The nature of the U.S.’ participation in the internet as we know it today has been a source of massive profits. It’s been a source of geopolitical strength. And so our I think our lack of leadership around a next-generation technology like blockchain is not good for the United States.
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