- The meeting between Ripple CEO Brad Garlinghouse and Taira Masaaki took place
- Taira Masaaki is a Web3 and AI-focused member of Japan’s House of Representatives
- They discussed Japan’s openness to crypto and blockchain to maximize its potential
- The Ripple CEO also spoke about the SEC last week in Seoul and emphasized the importance of the Asian market
Ripple CEO Brad Garlinghouse and Web3 and AI-focused member of Japan’s House of Representatives Taira Masaaki held a meeting in Tokyo to discuss Japan’s openness to crypto initiatives.
What Is Significant About the Meeting Between Ripple CEO and Taira Masaaki
Taira Masaaki is one of the leading advocates of Web3 and AI among decision-makers in Japan, which brings this discussion to a high level.
An important point in the discussion was how blockchain can maximize Japan’s economic potential, and other key figures in the political and business sectors also participated in this discussion.
Also, it demonstrates Ripple’s willingness to expand aggressively, as they stated after their victory in their case with the SEC.
The Ripple CEO recalled this a week earlier, at a conference in Seoul, South Korea, criticizing the SEC for its attempts to make XRP security, which the court did not recognize.
Garlinghouse said the Asian market is extremely important to the company and pointed out:
“The majority of all XRP held on exchanges worldwide is in Korea and Japan.”
Conclusion
Ripple has quickly recovered from the court cases and is clearly not wasting any time.
Collaborating with promising markets like Japan, which is particularly affected by the fiat financial system, is a very promising partner.
We’ll see how Ripple moves forward from here, how fast the company does it, and how successful it succeeds in its strategy.
