Search the Community
Showing results for tags 'entity'.
Found 1 result
Minimum search term is 4 characters long. Can't find what you want? Click here for the custom google search instead.
-
Hey guys, Main point: Two months ago, Ripple Labs, Inc. filed paperwork to operate/do business in Massachusetts. Several large banks are in Massachusetts, including Bank of America, Citizens Bank, Santander, and TD Bank. Took me some time, but every state in the U.S. (50) was searched today (2/24) for entity filings and/or paperwork filed by Ripple Labs, Inc. and XRP II, LLC, all in hope of finding out whether Ripple plans on doing business in some other state(s) besides California, Delaware, New York. Any business operating or doing business in a state in the U.S. must file paperwork in that state, whether you filed in that state originally or whether you are filed somewhere else and are also doing business in that state (e.g., you are based in Delaware, but you operate in California and New York as well; you must file in all three states). Ripple Labs, Inc. is a Delaware based company, filed to do business in several states. As of today, it appears Ripple Labs, Inc. is active in California, Delaware, Massachusetts, New York, and Vermont. In the past, although no longer active for whatever reason, Ripple Labs, Inc. was at one time operating/doing business in Georgia, Florida and Nevada, Oregon, Texas, Washington (state) as well (most of those filings date back to 2014). On December 12, 2017, Ripple Labs, Inc. filed paperwork to operate/do business in Massachusetts. Several large banks are in Massachusetts, including Bank of America, Citizens Bank, Santander, and TD Bank (link to list below). The Santander + Ripple announcement was made earlier this month, and BoA made their comments about cryptocurrencies 24 hours ago. Thoughts? Ripple would not just file to operate in Massachusetts and do nothing with it, not now. Was this just for the Santander mobile app (not sure why they would file an entity just to build/power a mobile app) or is this for something else to come? Later. @Droopy https://www.xrpchat.com/topic/12766-is-there-a-connection-between-ripple-and-bank-of-americas-cryptocurrency-exchange-services/ https://www.bizjournals.com/boston/subscriber-only/2017/12/01/largest-banks-in-massachusetts.html