{"id":549740,"date":"2023-09-01T17:00:43","date_gmt":"2023-09-01T17:00:43","guid":{"rendered":"https:\/\/wncen.com\/?p=549740"},"modified":"2024-06-11T08:15:00","modified_gmt":"2024-06-11T08:15:00","slug":"new-job-listing-ripple","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ripple\/new-job-listing-ripple\/","title":{"rendered":"New Job Listing Indicates What Ripple Is Focusing On Next"},"content":{"rendered":"

Following its partial victory over the United States Securities and Exchange Commission (SEC)<\/a>, Ripple seems to be turning its attention toward avoiding a repeat of such a lawsuit, as evidenced by its most recent job posting.<\/span><\/p>\n

Ripple Wants Compliance Talent<\/span><\/h2>\n

Ripple is seemingly looking to improve its compliance<\/a> with sanctions and regulatory developments through a more proactive approach. To this end, the payments processor is actively hiring talent to fill a role advertised as \u201cWeb3 Specialist, Global KYC & Due Diligence.\u201d<\/span><\/p>\n

\n
Related Reading: Here\u2019s What Bitcoin Price The Bull Market Will Start According To This Analyst<\/a><\/div>\n<\/div>\n

The job<\/a> which carries an $85,000-$106,000 pay range is advertised to \u201cbe heavily focused on carrying out due diligence to mitigate regulatory, reputational and sanctions risks associated with Ripple\u2019s institutional clients, counterparties and corporate partners to ensure compliance with Anti-Money Laundering (\u201cAML\u201d), Counter-Terrorist Financing, Economic Sanctions regulations such as the Bank Secrecy Act (\u201cBSA\u201d) and USA PATRIOT Act.\u201d<\/span><\/p>\n

In light of these developments, Monica Long of Ripple in the US recently articulated the company’s strategy, saying, “We are very excited about this because we now have clarity on how Ripple will conduct its business in the future. And we are resuming operations in the US market.”\u00a0<\/span><\/p>\n

This statement signifies Ripple’s intention to continue its operations in the United States. The recruitment also points to Ripple’s efforts to mitigate regulatory violations following its 3-year-long battle with the SEC<\/a>.<\/span><\/p>\n

A Global Hiring Shift Reflects Ripple’s Ambitious Expansion<\/span><\/h2>\n

Ripple has been one of the leading crypto firms that has continued to hire talent at a time when layoffs are the order of the day<\/a> in the industry.\u00a0<\/span><\/p>\n

GlobalData<\/span><\/a>, a data analytics firm, reports that Ripple has increased its job postings by 26.9% during January-April 2023 compared to the same period in 2022. While the hiring trend in the US has declined slightly, Ripple has significantly ramped up job postings in Canada, Poland, India, and other countries.<\/span><\/p>\n

Sherla Sriprada, Business Fundamentals Analyst at GlobalData, noted at the time, “Ripple’s decision to primarily hire employees from outside the US reflects a strategic move towards global expansion, accessing international talent while also overcoming regulatory challenges in the US by diversifying its presence in other markets.”<\/span><\/p>\n

Related Reading: Bitcoin Price Crashes Below $26,000 As SEC Pushes Back On 7 Spot ETF Filings<\/a><\/div>\n

This means that despite its commitment to remaining in the US market, Ripple is actively going after talents in other jurisdictions. This points to a strategy of worldwide expansion instead of focusing on a single market.<\/span><\/p>\n

However, despite Ripple\u2019s growth, its native XRP token<\/a> has continued to struggle in the market. Coinmarketcap data shows that the altcoin is down 4.15% in the last day to trade at $0.5038 at the time of writing.<\/span><\/p>\n

\"Ripple<\/p>\n

XRP price falls to $0.52 despite expansion plans | Source: XRPUSD on Tradingview.com<\/a><\/pre>\n
Featured image from Unsplash, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Following its partial victory over the United States Securities and Exchange Commission (SEC), Ripple seems to be turning its attention toward avoiding a repeat of such a lawsuit, as evidenced by its most recent job posting. Ripple Wants Compliance Talent Ripple is seemingly looking to improve its compliance with sanctions and regulatory developments through a more proactive approach. To this end, the payments processor is actively hiring talent to fill a role advertised as \u201cWeb3 Specialist, Global KYC & Due Diligence.\u201d Related Reading: Here\u2019s What Bitcoin Price The Bull Market Will Start According To This Analyst The job which carries an $85,000-$106,000 pay range is advertised to \u201cbe heavily focused on carrying out due diligence to mitigate regulatory, reputational and sanctions risks associated with Ripple\u2019s institutional clients, counterparties and corporate partners to ensure compliance with Anti-Money Laundering (\u201cAML\u201d), Counter-Terrorist Financing, Economic Sanctions regulations such as the Bank Secrecy Act (\u201cBSA\u201d) and USA PATRIOT Act.\u201d In light of these developments, Monica Long of Ripple in the US recently articulated the company’s strategy, saying, “We are very excited about this because we now have clarity on how Ripple will conduct its business in the future. And we are resuming operations in the US market.”\u00a0 This statement signifies Ripple’s intention to continue its operations in the United States. The recruitment also points to Ripple’s efforts to mitigate regulatory violations following its 3-year-long battle with the SEC. A Global Hiring Shift Reflects Ripple’s Ambitious Expansion Ripple has been one of the leading crypto firms that has continued to hire talent at a time when layoffs are the order of the day in the industry.\u00a0 GlobalData, a data analytics firm, reports that Ripple has increased its job postings by 26.9% during January-April 2023 compared to the same period in 2022. While the hiring trend in the US has declined slightly, Ripple has significantly ramped up job postings in Canada, Poland, India, and other countries. Sherla Sriprada, Business Fundamentals Analyst at GlobalData, noted at the time, “Ripple’s decision to primarily hire employees from outside the US reflects a strategic move towards global expansion, accessing international talent while also overcoming regulatory challenges in the US by diversifying its presence in other markets.” Related Reading: Bitcoin Price Crashes Below $26,000 As SEC Pushes Back On 7 Spot ETF Filings This means that despite its commitment to remaining in the US market, Ripple is actively going after talents in other jurisdictions. This points to a strategy of worldwide expansion instead of focusing on a single market. However, despite Ripple\u2019s growth, its native XRP token has continued to struggle in the market. Coinmarketcap data shows that the altcoin is down 4.15% in the last day to trade at $0.5038 at the time of writing. XRP price falls to $0.52 despite expansion plans | Source: XRPUSD on Tradingview.com Featured image from Unsplash, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":549760,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16894],"tags":[3680,89287,89286,17209,4531,83637,13172,89288,10972],"class_list":["post-549740","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-ripple","tag-ripple-compliance","tag-ripple-job","tag-ripple-news","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrpudst","tag-xrpusd"],"acf":[],"yoast_head":"\nNew Job Listing Indicates What Ripple Is Focusing On Next<\/title>\n<meta name=\"description\" content=\"Ripple seems to be turning its attention toward avoiding a repeat of such a lawsuit, as evidenced by its most recent 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During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/wncen.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"New Job Listing Indicates What Ripple Is Focusing On Next","url":"http:\/\/wncen.com\/news\/ripple\/new-job-listing-ripple\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/ripple\/new-job-listing-ripple\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/dmitry-demidko-91bKtpRpBfc-unsplash-1.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/dmitry-demidko-91bKtpRpBfc-unsplash-1.jpg?fit=6016%2C4016"},"articleSection":"Ripple","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["ripple","ripple compliance","ripple job","ripple news","xrp","xrp news","xrp price","xrpudst","xrpusd"],"dateCreated":"2023-09-01T17:00:43Z","datePublished":"2023-09-01T17:00:43Z","dateModified":"2024-06-11T08:15:00Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"New Job Listing Indicates What Ripple Is Focusing On Next\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/ripple\\\/new-job-listing-ripple\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/ripple\\\/new-job-listing-ripple\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/dmitry-demidko-91bKtpRpBfc-unsplash-1.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/dmitry-demidko-91bKtpRpBfc-unsplash-1.jpg?fit=6016%2C4016\"},\"articleSection\":\"Ripple\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"ripple\",\"ripple compliance\",\"ripple job\",\"ripple news\",\"xrp\",\"xrp news\",\"xrp price\",\"xrpudst\",\"xrpusd\"],\"dateCreated\":\"2023-09-01T17:00:43Z\",\"datePublished\":\"2023-09-01T17:00:43Z\",\"dateModified\":\"2024-06-11T08:15:00Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/dmitry-demidko-91bKtpRpBfc-unsplash-1.jpg?fit=6016%2C4016","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/549740"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=549740"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/549740\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/549760"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=549740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=549740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=549740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}