| | NOVEMBER 1st, 2016
“So do we need a new form of money? I guess you could make that case if the money we actually have were misbehaving.” – Paul Krugman
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Is this the beginning of a change in direction for Ripple?
CEO Chris Larsen is stepping down and handing over the reins to Brad Garlinghouse, a serial investor and former president of AOL, who joined in April 2015 as COO. Larsen will continue to be involved in the company’s strategic direction as executive chairman. But what changes will the new CEO bring?
As Ripple continues to scale, will it focus on bringing in new partners, or will it start to expand into new markets? Garlinghouse has said that he will maintain the company’s current course, which involves growing the team and broadening the client base. But a change in leadership could bring a change in style. (Read the full story.)
Wait, there's more:
· BTCC launches US$ exchange in Hong Kong. Tell me more.
· Australian banks could need approval for blockchain acquisitions. The story.
· South African banks test syndicated loans with regulators. More info.
· The Cryptsy class action suit against CEO moves forward. How?
· The SegWit update to the bitcoin code has been released. What next?
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