Citibank terminates Ripple CEO Garlinghouse's personal banking business
2024-10-23 22:20:11
Ripple CEO Brad Garlinghouse said in Washington that Citibank terminated his personal banking business because of his popularity in the crypto space, saying he was experiencing a trend of "de-banking". He criticized the Biden administration's regulatory policies, arguing that the industry is under tremendous pressure, but is optimistic about future crypto policies and believes there will be a reset. He suggested that crypto startups should register outside the United States to avoid regulatory uncertainty.
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