Ripple executives say the XRP lawsuit ruling has little impact on global business operations

According to reports, Rahul Advani, Ripple’s Asia Pacific policy director, said at a news conference in South Korea on Wednesday that the court ruling in the SEC lawsuit against Ripple Labs Inc. had the smallest impact on the company’s global business expansion. 90% of Ripple’s business is outside the United States, with a significant portion in the Asia Pacific region. In the two years of legal battles with the Securities and Exchange Commission, the company achieved its largest growth.

Interpretation of this information:

Ripple’s Asia Pacific policy director, Rahul Advani, has stated that the recent court ruling in the Securities and Exchange Commission (SEC) lawsuit against Ripple Labs Inc. had minimal effect on the company’s global business expansion. Although the company has faced legal battles with the SEC for the past two years, Ripple has continued to grow exponentially. Advani revealed that 90% of Ripple’s business is conducted outside of the United States, with a large portion of it taking place in the Asia Pacific region. This highlights the fact that Ripple’s business is not solely reliant on the US market, and as such, is less affected by the legal battle with the SEC.

Advani’s statement is a signal that Ripple Labs Inc. is not entirely subject to the ruling of the SEC lawsuit. Although Ripple has suffered some setbacks due to the lawsuit, the company remains confident in its business strategy and ability to continue to expand. This is also an indication that the company is less dependent on the US market, which bodes well for its future growth prospects.

The fact that Ripple was able to achieve its largest growth in the two years of legal battles with the SEC is a testament to its resilience and long-term vision. This is a reflection of the company’s strategy of expanding globally and not relying solely on the US market. This could also be interpreted as a sign that Ripple is more bullish on the future of digital assets and that it is positioning itself accordingly for long-term success.

In summary, the statement by Ripple’s Asia Pacific policy director Rahul Advani reveals that the company’s recent legal battle with the SEC had a minimal impact on its global business expansion. He also highlighted that 90% of the company’s business is outside the US market, with a significant portion taking place in the Asia Pacific region. The keywords are Ripple, SEC lawsuit and global business expansion.