US ‘the only country’ crypto startups should avoid, says Ripple CEO

The United States is one of — if not the worst — place to launch a cryptocurrency startup in the world right now, according to Ripple CEO Brad Garlinghouse whose firm is in a legal battle with the U.S. securities regulator.

“The only country I would not encourage you to start a company right now is in the U.S.,” Garlinghouse said on a Sept. 12 panel at Token 2049 in Singapore.

The Ripple boss wants the U.S. to take note from the likes of Singapore, the United Kingdom, the United Arab…