In a significant development for the blockchain sector, Ripple’s CEO Brad Garlinghouse revealed that a substantial 75% of the company’s job openings have been shifted to the United States. This strategic move comes on the heels of a remarkable uptick in partnership agreements within the U.S., which have surged since the November 2024 elections, surpassing totals from the preceding six months. Garlinghouse highlighted the favorable regulatory environment anticipated under the forthcoming Trump administration, which is perceived to support innovation and job creation within the cryptocurrency landscape. The so-called “Trump effect” is seen as a catalyst for renewed enthusiasm in the market. As a testament to this shift, Hive Digital, a prominent cryptocurrency mining company, is moving its headquarters from Vancouver to San Antonio, Texas, while major financial player Morgan Stanley’s E-Trade platform explores extending its crypto trading services.
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