In this video, Brad Garlinghouse, CEO of Ripple, talks about the company's strategic shift in hiring after a lawsuit from the SEC.<br /><br />Following the lawsuit, Ripple has seen record growth by expanding outside the US. Their products and solutions cater to a global market, with 95% of customers now being non-US.<br /><br />Garlinghouse expresses disappointment that Ripple can't offer more high-paying jobs in the US due to regulatory uncertainty. While the US business has still grown, the vast majority (75%) of new hires are happening internationally.<br /><br />Garlinghouse criticizes the SEC for lacking clarity on cryptocurrency regulations. He believes the US is falling behind and urges the SEC to take a leadership role in solving the issue.<br /><br />Garlinghouse expresses his view that the SEC's current approach will be seen as hindering progress, comparing them to the Luddites who opposed technological advancements during the Industrial Revolution.
