Coinworld reported that Ripple CEO Brad Garlinghouse announced that Ripple will expand to Dubai. The main factors in choosing Dubai are the consumer base and regulatory development in the Middle East. Due to local regulatory clarity and an already growing user base, Ripple will move to Dubai . According to previously disclosed reports by Ripple, the encryption company has spent more than $200 million in legal proceedings with the US Securities and Exchange Commission. (Watcher.guru)