The Mayor of one of Japan’s biggest cities has paid a visit to the San Francisco headquarters of Ripple – further strengthening the ties between Japan and the American crypto firm.
In a Twitter post last week, Emi Yoshikawa, the Ripple Vice President of Strategy and Operations posted a photo of herself with Fukuoka Mayor Soichiro Takashima and a member of the latter’s “team.”
Ripple has been fighting an epic legal battle with the financial regulator in its home country, with the Securities and Exchange Commission (SEC) accusing senior Ripple executives of selling XRP tokens as “unregistered securities.”
But the American firm has a number of staunch allies in Japan – including the securities, crypto, and banking giant SBI and its CEO Yoshitaka Kitao. The latter is a Ripple board member, and SBI has previously given out XRP tokens as shareholder bonuses. The Japanese company’s gaming subsidiary even pays its pro gamers in XRP.
Kitao has previously gone to great pains to point out that...
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